Google-parent Alphabet’s Q2 2024 results: Two businesses that led the company’s strong performance

Alphabet’s Q2 2024 revenue hit $85 billion, a 14% rise year-over-year. Google Cloud topped $10 billion for the first time. CEO Sundar Pichai highlighted gains in Search, AI, and advertising. Revenue from Google’s ads and YouTube also grew, while ‘Other Bets’ added $365 million. Net income climbed to $23.6 billion.