Alphabet reported Q2 revenue of $119.8 billion, up 24% year-over-year and outpacing analyst projections of $116.9 billion. Google Services revenues reached $94.5 billion, up 15% YoY, while Google Cloud revenue was $24.8 billion, up 82% YoY and above analyst estimates of $22.46 billion, driven by enterprise AI solutions and infrastructure. Alphabet’s operating margin was 34%, up 2%, and earnings per share were $9.11, a 294% increase over the same period last year. Gemini processed 22 billion API tokens per minute and had 950 million monthly active users.