Google can keep its popular Chrome browser, a federal judge has ruled
Alphabet $GOOGLE shares are up 8% AFTER-MARKET. Source: Brew markets, CNBC
On this day in 2004: Google went public at a valuation of $23 billion.
Today, it’s worth $2.5 trillion. Source: Jon Erlichman @JonErlichman on X
Perplexity, valued at $18 billion, is offering $34.5 billion to buy Google Chrome.
Source: CNBC
Harvard owns more Bitcoin than Alphabet/Google shares
Source: Documenting Bitcoin
Alphabet reported second-quarter results on Wednesday that beat on revenue and earnings.
The company increased its capital expenditures forecast for 2025 to $85 billion, up $10 billion from February, due to “strong and growing demand for our Cloud products and services.” The company’s overall revenue grew 14% year over year, higher than the 10.9% Wall Street expected. Here are the details ($GOOG Alphabet Q2 FY25): • Revenue +14% Y/Y to $96.B ($2.5B beat). • Operating margin 32% (flat Y/Y). • EPS $2.31 ($0.12 beat). ☁️ Google Cloud: • Revenue +32% Y/Y to $13.6B. • Operating margin 21% (+9pp Y/Y). ▶️ YouTube ads +13% to $9.8B. Source: CNBC, App Economy Insights
YouTube now owns 12.5% of all U.S. TV viewing time - more than any other distributor.
1B+ hours are watched daily on YouTube, surpassing Disney across broadcast, cable, and streaming. No studios. No soundstages. No scripts. Just total living room dominance. $GOOGL Source: Charlie Bilello
$GOOGL SIGNS WORLD’S LARGEST CORPORATE CLEAN ENERGY DEAL
A $3B hydropower agreement with Brookfield to upgrade two Pennsylvania plants, tied to Google’s $25B data center expansion in the state. Source: Shay Boloor @StockSavvyShay
OPENAI STRIKES UNPRECEDENTED CLOUD DEAL WITH $GOOGL -- REDUCES DEPENDENCY ON $MSFT 👀
OpenAI will use Google Cloud to meet its growing compute needs, marking a move to diversify beyond Microsoft. The deal, finalized in May, also ties into its Stargate data center project. – Reuters
