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Google Cloud and Gemini Growth Accelerate as Search Revenues Cool

Alphabet (Google) logoAlphabet (Google)
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Alphabet says Google Search revenue grew 17% to $63.3B in Q2 2026, slowing from 19% the prior quarter, though it still captures about 90% of search. Gemini has surpassed 1B monthly active users, becoming the company’s fastest product. Google Cloud climbed 82% to $24.8B and operating income more than tripled. Berkshire’s Buffett called his missing early stake a mistake.

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