Alphabet's revenue and earnings growth outpaces Apple and Tesla. Despite YouTube revenue missing expectations, Alphabet's Q2 revenue grew 14%, earnings surged by 29%, with a 13% increase in YouTube ad revenue.
Alphabet doesn't outsource its AI development, unlike Microsoft. Its growth surpasses Microsoft's recent performance, positioning Alphabet as a prominent player in the AI space.
Apple's Q2 revenue declined by 4%, with earnings slipping 2% lower. Tesla's revenue only increased by 2% in Q2, showcasing Alphabet's significant lead in revenue and earnings growth within the Magnificent Seven stocks.
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