Google-parent Alphabet’s Q2 2024 results: Two businesses that led the company’s strong performance

Google’s parent company, Alphabet, reported strong Q2 2024 results, exceeding analyst expectations. The tech giant Alphabet generated $85 billion in revenue, marking a 14% year-over-year increase. Company CEO Sundar Pichai highlighted the company’s performance in Search, AI bets and Google Google Cloud growth in the call to investors.
“Our strong performance this quarter highlights ongoing strength in Search and momentum in Cloud,” Pichai said in the earnings call with the investors.