The alphabet to report Q2 earning after the bell

Alphabet On Wednesday, it is set to report its second quarter earnings after the bell.

Analysts voted by LSEG are expected here:

• Income: $ 94 billion
• earnings per share: $ 2.18

Wall Street is also looking at these numbers in the report:

• YouTube advertising revenue: According to Strikutts, $ 9.56 billion
• Google cloud revenue: According to Streetaccount, $ 13.11 billion
• Traffic acquisition cost: According to the Strikount, $ 14.18 billion

The alphabet is one of the megacaps, which is expected to be a major driver of income increase during the second quarter season. The discovery is estimating the legend to report an increase of 10.9% in Wall Street Revenue and an increase of 15% per share income.

The shares of the alphabet have not been too much this year, the other luxurious seven shares and lagged behind. S&P 500Investors are mainly concerned about the rise of artificial intelligence chatbott, which can affect Google’s ability to remain competitive in search.

During the second quarter, the search veterans rolled out several new AI products.

At its annual Google I/O conference in May, Google made a new announcement Membership Tier, called “Google AI Ultra”, provides the company’s “Cutting Edge” AI facilities for $ 249.99 per month. Google also unveiled its return to smart glasses market with $ 150 million Partnership with Warbee parker – Both companies said that they are planning to start a series of smart glasses soon as next year.

Google also announced in May Enterprise fund To invest in AI startups. as part of “AI Futures Fund“Will get qualified startups Google Investment, early access to AI model, and on hands Help From Google researchers, engineers and Go-to-Market experts. They also get credits to use on Google Cloud.

Additionally in May, Google started tests Placement of its “AI mode” product on your home page, directly under Google Search.

Earlier this month, Openai couple Google said in the list of its suppliers, saying that it expects to use the Cloud Infrastructure of the search company for its popular Chatgpt service. The announcement represented a win for Google, which has a cloud unit small and small Heroic And Microsoft,

Google made a splash in AI talent wars, Announcement It will bring Windsurf CEO Varun Mohan and other top researchers in the Artificial Intelligence Coding Startup as part of the $ 2.4 billion deal, including license to the company’s technology.

Internal, Google also made changes in several personnel during the quarter.

The company added new role Chief AI architect When it extended Kavukcuoglu as the Chief Technology Officer of Google Deepmind in June from its post.

Google offered more workforce by offering Procurement For US-based employees in many of its divisions including search, advertising and commerce.

The alphabet made several progress during the quarters with Wemo, its self-driving car unit.

Vemo reached 100 million “real world, completely autonomous mile” operated on public roads, the company said last week. Wemo also announced expansion in the new markets.

In June, Wemo announced Scheme of To manually drive vehicles in New York, marking the first step towards potentially cracking the largest American city. In July, the company said it will limit tests In Philadelphia and it started offering an account Teenager The age of 14 to 17, begins in Phoenix.

The company also tolerated some lower-peculiar optics during the quarter.

In June, google’s cloud Had to face Important global outage to knock or interrupt dozens of big internet services including openi and ShopifyAmong others.

Watch: Nakshatra Ray Wang says that Google may be in leadership in their AI capacity