Alphabet earnings preview: All eyes on AI investments, ad market growth as Meta disappoints

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Quarterly Earnings Nachrichten

Alphabet,GOOGL,Google Cloud

Alphabet stock has gained about 15% this year — but even tech's winners face high expectations from investors this earnings season.

after the bell on Thursday, continuing a big week for US tech giants coming off a punishing run on Wall Street. The company is expected to offer updates on the race to turn massive AI investments into new revenue streams and the state of the massive digital ad market.) offered a downbeat Q2 forecast and noted that expenses for the year are growing and that it will take some time before AI investments generate significant revenue.

The company is also expected to expand its cloud business, an increasingly important segment to investors because of its use in the development of artificial intelligence. Wall Street projects Google Cloud revenue to register more than $9 billion, boasting a roughly 26% jump from a year ago. Google is working to claim additional cloud market share, where it currently sits in third place behind rivals Amazon is one stock I reversed course on in a big way.

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