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Alphabet shares rise 2.32% premarket after beating Wall Street estimates and increasing capital spending plans.
ByAinvest
Thursday, Jul 24, 2025 4:03 am ET1min read
Alphabet Inc. rose 2.32% in premarket trading, driven by strong second-quarter earnings results and increased capital expenditure plans. The company beat Wall Street estimates for revenue and profit, with Google Cloud's sales surging nearly 32%. Alphabet also raised its capital spending plans for the year to about $85 billion, citing massive demand for its cloud computing services.
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