Alphabet Inc. posted quarterly revenue of $102.3 billion, up 16% year‑over‑year, as Google Cloud grew 34% to $15.2 billion . Strong growth in Search, YouTube ads, and enterprise AI infrastructure underpinned margins which expanded to roughly 33.9%. Management raised full‑year capital‐expenditure guidance to $91–93 billion, reflecting a major push into data centres and AI chips. Competition remains fierce, but the scale and margin strength reaffirm Alphabet’s leadership in the digital economy.