Google reports 12th consecutive quarter of strong revenue gains
infonews
industry
Source: The Guardian TechnologyJuly 22, 2026
Summary
Alphabet (Google's parent company) reported strong revenue growth for the second quarter, marking its 12th consecutive quarter of major gains, despite delays in releasing Gemini Pro, a powerful AI model. The company is spending heavily on AI infrastructure, revising its yearly capital expenditure forecast to $200 billion, with quarterly spending doubling year over year. Investors are watching to see how these massive AI investments will pay off long-term.
Classification
Attack SophisticationModerate
Affected Vendors
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Original source: https://www.theguardian.com/technology/2026/jul/22/google-earnings-report
First tracked: July 23, 2026 at 08:01 AM
Classified by LLM (prompt v3) · confidence: 95%