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Google Parent Alphabet Beats Revenue And Earnings Expectations Ahead Of Antitrust Ruling

1. GOOG exceeded Q2 earnings expectations with $96.4 billion in revenue. 2. Cloud revenue grew 32%, surpassing forecasted growth of 27%. 3. A looming antitrust ruling may impact GOOG significantly. 4. Analysts have mixed views on GOOG's future amidst competitive pressure. 5. Bank of America raised GOOG's target price from $200 to $210.

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FAQ

Why Bullish?

GOOG's strong Q2 performance indicates solid business health and potential for stock price growth.

How important is it?

Strong earnings and significant revenue growth make this news highly influential for GOOG's stock.

Why Short Term?

Q2 results affect immediate investor sentiment before the antitrust ruling impacts valuation.

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