Alphabet's $59.92 Billion Trading Volume Lands 10th in Market Activity

On July 23, 2025, Alphabet's trading volume reached $59.92 billion, ranking it 10th in the day's stock market activity. Google's Class C shares (GOOG) fell by 0.31%.

Alphabet reported a 14% increase in consolidated revenues for the second quarter of 2025, reaching $96.4 billion. This growth reflects strong momentum across various segments of the company. The revenue increase was driven by robust performance in advertising, search, and cloud services. Advertising revenue alone reached $71.3 billion, surpassing expectations of $69.6 billion. Search revenue topped out at $54.1 billion, exceeding the anticipated $52.7 billion. YouTube ad revenue also saw a significant increase, reaching $9.79 billion compared to $8.66 billion a year ago. Cloud services reported $13.62 billion in revenue, up from $10.35 billion in the previous year. The company's capital expenditures for 2025 were raised to approximately $85 billion from the previous target of $75 billion, indicating a strong commitment to growth and innovation.

Alphabet's earnings per share for the second quarter were $2.31, ahead of analyst forecasts of $2.18. The company's operating income for the quarter was $31.27 billion, with net income reaching $28.19 billion. This performance was driven by strong growth in cloud and search revenue, as well as the positive impact of AI on various parts of the business. The company's AI initiatives, such as AI Overviews and AI Mode, have been performing well, contributing to the overall momentum. Additionally, the company's subscription offerings and hardware sales have shown strong performance, with "Google subscriptions, platforms, and devices" reporting $11.20 billion in revenue. However, the "Other Bets" segment continued to lose money, reporting a loss of $1.24 billion for the quarter.