Alphabet trades at 17x earnings despite a 67% one-year run; Meta sits at 21x trailing earnings and is down 26%.
Google Cloud grew 82% with operating margin expanding from 21% to 36%, while Meta's free cash flow collapsed 91% as expenses surged 55%.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
Alphabet (NASDAQ:GOOG) and Meta Platforms (NASDAQ:META) both reported Q2 2026 results in late July. Alphabet extended its EPS-beat streak to 11 consecutive quarters while Cloud lit up. Meta cleared revenue but snapped a six-quarter EPS beat streak as AI spending and legal charges chewed through margins.
Alphabet posted $119.8 billion in revenue, up 24.23% year over year, with Google Cloud revenue growing 82% to $24.8 billion and cloud backlog reaching $514 billion. Sundar Pichai said "Q2 was an amazing quarter", and the numbers back him up. Search still grew 17% even as AI Overviews cannibalized traditional queries, which is a real tell about durability.
#cloud #NASDAQ #earnings #grew
Google Cloud grew 82% with operating margin expanding from 21% to 36%, while Meta's free cash flow collapsed 91% as expenses surged 55%.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
Alphabet (NASDAQ:GOOG) and Meta Platforms (NASDAQ:META) both reported Q2 2026 results in late July. Alphabet extended its EPS-beat streak to 11 consecutive quarters while Cloud lit up. Meta cleared revenue but snapped a six-quarter EPS beat streak as AI spending and legal charges chewed through margins.
Alphabet posted $119.8 billion in revenue, up 24.23% year over year, with Google Cloud revenue growing 82% to $24.8 billion and cloud backlog reaching $514 billion. Sundar Pichai said "Q2 was an amazing quarter", and the numbers back him up. Search still grew 17% even as AI Overviews cannibalized traditional queries, which is a real tell about durability.
#cloud #NASDAQ #earnings #grew
27 days ago
