Alphabet, Google’s parent company, is set to report second-quarter earnings, riding the artificial intelligence wave. CEO Sundar Pichai highlights AI Overview with 1.5 billion users. Analysts predict $2.17 EPS and $79.6 billion revenue. Google Cloud expects $13.1 billion revenue with $2.2 billion operating income. Big Tech peers also cut jobs amid AI investment.

Google faces antitrust ruling consequences as Judge Mehta could order remedies against exclusivity deals and potentially force Chrome browser divestiture. Email Daniel Howley at [email protected] for more information.

Read more at Yahoo Finance: Google to report Q2 earnings as Wall Street looks for AI revenue gains