Alphabet, Wall Street
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Alphabet Boosted by AI, Cloud Demand
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Alphabet was targeted with an EU antitrust complaint from six human and digital rights groups on Thursday which urged EU regulators to investigate whether the tech giant complies with legislation requiring it to make it easier for users to uninstall software apps.
Most leaders in the tech industry owe their wealth to founding equity stakes in their platforms, which Google’s Sundar Pichai does not have.
Alphabet’s market surge boosts CEO Sundar Pichai’s net worth to $1 billion, reflecting his leadership during Google’s record growth and the company’s continued dominance in the tech sector.
Sands Capital, an investment management company, released its “Sands Capital Technology Innovators Fund” Q2 2025 investor letter. A copy of the letter can be downloaded here.
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AI upstarts were supposed to lay siege to Google’s search-engine dominance. So far, the defense is winning, writes Asa Fitch, following second-quarter results from parent company Alphabet. A: Google’s
Alphabet Inc.'s Q2 saw 12% revenue growth, fueled by Google Cloud's 20.7% margins and AI adoption. Click for my updated look at GOOGL stock post earnings.
The company increased its capital expenditures for 2025 by $10 billion due to “strong and growing demand for our Cloud products and services.”