Alphabet price target lifted on surging Google Cloud
Alphabet price target set at $504.76, implying roughly 50% upside, as Google Cloud revenue accelerates 82% and backlog hits $514 billion.
Alphabet quarterly profit hits $112.1B on investment gains
Alphabet posted $112.1 billion in Q2 net income, driven by $99 billion in investment gains linked to Anthropic and SpaceX, and robust Google Cloud expansion.