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Alphabet Q2 Preview: Expecting No Let-Up In AI Spending Outlook

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Artificial IntelligenceCorporate EarningsCompany FundamentalsInvestor Sentiment & Positioning
Alphabet Q2 Preview: Expecting No Let-Up In AI Spending Outlook

Google is set to report Q2 results on Wednesday, July 22. Despite shares falling ~2.5% over the past month and ~7% since the prior update, the author expects AI-backed spending to be supported by strong results and characterizes the near-term outlook as positive.

Analysis

Google is set to report Q2 results on Wednesday, July 22. Despite shares falling ~2.5% over the past month and ~7% since the prior update, the author expects AI-backed spending to be supported by strong results and characterizes the near-term outlook as positive.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.15

Ticker Sentiment

GOOGL0.25