Thursday, 23 July, 2026
Google Makes History: Posts Record $112 Billion Quarterly Profit
By TechShots Studio
Alphabet shattered corporate records in Q2 by reporting $112.1 billion in net income—a profit higher than the full-year revenue of 459 Fortune 500 companies. Driven by an 82% surge in Google Cloud revenue and $99 billion in non-operating gains from strategic stakes in SpaceX and Anthropic, Alphabet's revenue rose 24% to $119.8 billion.
Read full story at TIMES OF INDIA