Locator: 48812GOOG.
Updates
July 24, 2025: Google spooks investors with $85 billion spend rate AI. When earning came out, Google shares surged on how well Google had done. Then, when it became known that Google would spend $85 billion on AI, investors were spooked and GOOG dropped. Many story lines:
- more evidence that AI is here to stay and only going to grow bigger;
- a lot of tech companies. have had big runs; investors / traders use these opportunities to take profits;
- the amount of money needed to succeed in AI is its own moat
- drilling down on Google suggests it is doing surprisingly well in light of chatbots
- I can't stress enough how long this AI revolution will continue. Link here. There will be a lot of folks -- in fact "all" folks who click on that link will see how long that post is and will reply: TLDR.
Original Post
Revenue: $96.43 billion vs $94 billion.
EPS: $2.31 vs. $2.18 estimate.
Holy mackerel
Cloud revenue above estimates.
Cloud revenue: $13.62 billion vs $13.1 billion.
Now GOOG turns negative.
It will now depend on the conference call.
AI alive and well. It's not going to go away. More and more AI is coming back to the US.
