The first quarterly of the magnificent 7 They do not arouse surprises, on the contrary, if anything, they surprise the market positively, as in the case of AlphabetGoogle’s parent company, which has been pushed by artificial intelligence and plans greater investments for the near future. Is an exception Tesla Which, also for political and boycott reasons, has fallen into dysgrazia in the US and continues to ring overwhelming and budgetary failures.
The record numbers of Alphabet
Alphabet, Google’s parent company, has passed the estimates of the marketthanks to the excellent trend of cloud computing and artificial intelligence. Profit he stood at 28.2 billion dollars, equal to 231 USD per action At the end of the second quarter, resulting in strong growth compared to 23.6 billion of the year before, equal to 1.89 USD per share, and beating market estimates indicating an EPS of 2.17 USD.
The turnover raised by 14% at 96.4 billion dollars, exceeding the 94 billion consensus, thanks to the excellent trend of the business of the Cloud computingwhich was driven by the success of AI. And precisely on this thrust, Google’s parent company announces a Increase in investments in AIreviewing the capital expenses of 10 billion Compared to last February and attesting the figure to 85 billion dollars.
“We had an exceptional quarter, with solid growth throughout the company,” confirmed the CEO Sunday Pichaiadding “We are leaders in the artificial intelligence sector and we are distributing at an incredible rhythm. Artificial intelligence is having a positive impact on every aspect of the business, generating a strong momentum”.
THE advertising revenues just over 10% have grown to 71.3 billion, while those relating to YouTube They increased by 13% to 9.8 billion dollars, exceeding expectations of 9.6 billion.
The collapse of Tesla sales
The climate in the house of Elon Musk is very different, which continues to be affected by his recent release in politics and divergences with President Trump. The massif drop in Tesla salesalso consequent to the increase in competition at a global level, weighed on the accounts of the big electric car.
Tesla closed the second quarter with a Useful 1.2 billion dollars, falling by 16% Compared to a year earlier, while EPS Adjusted stood at 40 cents, being less than 43 cents of the consensus.
THE Total revenues (cars and services) dropped to 22.5 billion dollars, below 22.7 billion expected, while i Car revenues dropped by 16% 16.7 billion against 19.9 billion a year ago. At the beginning of July, Tesla had already anticipated a drop in deliveries in the order of 14%
