Alphabet: Time To Load Up, As Cloud Business Hits Jackpot

  • Google Cloud's rapid growth and improving profitability are transforming Alphabet's investment thesis, now complementing its dominant Search and YouTube segments. Alphabet reported strong Q2 2025 results: 12% revenue growth, 40%+ operating margin, and Google Cloud revenue up 32% year-over-year. GOOG's robust free cash flow and aggressive capital expenditures position it to capitalize on cloud demand and future growth opportunities.