Alphabet's Q2 results surpassed analyst expectations with $1.89 EPS and $84.74 billion revenue, driven by strong Search and Cloud services, including the Cloud business exceeding $10 billion in quarterly revenue for the first time.
Despite a slight miss in YouTube ad revenue at $8.66 billion, Google's overall advertising revenue of $64.62 billion and an operating margin of 32% exceeded estimates, with capital expenditures higher due to investments in core and emerging businesses.
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