Alphabet: Too Cheap Given The AI Potential

Core Insights - Alphabet Inc. (Google) exceeded consensus expectations for earnings and revenues in the second quarter [1] - The company increased its capital expenditure (CapEx) plan by $10.0 billion compared to previous guidance [1] Financial Performance - Alphabet reported better-than-expected earnings and revenues for the second quarter [1] - The specific figures for earnings and revenues were not disclosed in the provided text [1] Capital Expenditure - The company has up-sized its CapEx plan significantly by $10.0 billion [1] - This adjustment indicates a strong commitment to investment and growth initiatives [1]