what to watch for
Alphabet will report Q2 earnings after market close Wednesday. The firm is expected to report $117.1 billion in revenue and $2.90 earnings per share, according to FactSet, marking 21% and 25% surges over the same period last year, respectively. Wall Street anticipates quarterly spending to ramp up to roughly $45 billion, a nearly 26% increase over the previous quarter, as Alphabet has joined its mega-cap competitors in a broader build-up of AI infrastructure over the last year. Google Cloud revenue, a measure of demand for Alphabet’s AI products, is projected to have surged 65% to $22.4 billion.
Read more Pentagon Denies Hiding Injury Stats—After Report Dozens Were Hurt In Undisclosed Iran Strikes
big number
87.5%. That’s how much Alphabet’s stock has risen over the last year, including a 13% increase so far in 2026.
Read more Here’s Where The Cyclosporiasis Outbreak Stands After Taylor Farms’ False Positive
key background
Page and Brin, who cofounded Google in 1998, have seen their fortunes grow exponentially in recent years. Page’s wealth settled at just under $51 billion in 2020 before rising above $144 billion to start 2025, while Brin’s wealth surged from $49 billion to $138 billion over the same period. A difference in equity between Google’s cofounders is largely attributed to stock trades, as Brin has been more active selling his stake than Page, who last disclosed selling shares in 2022. Brin has also donated Alphabet and Tesla stock to nonprofit groups and to Parkinson’s disease research in recent years, including a $700 million donation last year.
Read more FIFA Crops Trump Out Of Spain’s World Cup Victory Photo
further reading
ForbesAlphabet Beats Earnings Expectations As Annual Revenue Tops $400 Billion For First TimeBy Ty Roush