Alphabet beats the Street but slowing ad growth drags on stock price - SiliconANGLE
Briefly

Parent Alphabet Inc. said Google's ad sales in Q2 were $64.6 billion, up 11.1%, slightly below the 13% growth in the previous quarter.
Google's revenue of $84.74 billion surpassed estimates, with net income of $23.62 billion, indicating successful belt-tightening measures and beating earnings per share estimates.
Google's cloud business achieved a significant milestone, reaching $10.35 billion in revenues, up 29% YoY, marking its first time surpassing $10 billion in quarterly revenue and $1 billion in operating profit.
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