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Alphabet Revenue Growth Tops 20% as Cloud Backlog Jumps

Alphabet (Google) logoAlphabet (Google)
Sig2.55Sen+6.30Env0.00Soc0.00Gov0.00

Alphyn Capital Management’s Q2 2026 investor letter cites strong results for Alphabet. It reports first-quarter revenue growth of more than 20%, while Google Cloud grew over 60% with backlog nearly doubling during the quarter. The vertically integrated AI stack is described as a tailwind to core performance, and Alphabet is noted as a top hedge-fund holding contributor.

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