YouTube's Q2 advertising revenue rose by 13% to $8.663 billion, aiding Alphabet's positive results, with total revenue hitting $84.7 billion and earnings per share at $1.89.
Despite missing the projected 16% ad growth at YouTube, analysts' expectations were exceeded, leading to a 2% rise in Google shares in after-hours trading.
YouTube's momentum is evident with Nielsen data showing continued growth, YouTube TV surpassing 8 million subscribers. CEO Pichai highlighted Search strength and Cloud momentum in financials.
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