Aron
July 23, 2026, 1:08pm
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I=7S&P 500 and Nasdaq 100 futures fell 1.0% and 1.4%, respectively, after Alphabet raised its capital expenditure guidance and amid ongoing tensions in the Iran conflict
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Alphabet’s advertising revenue meets estimates, raises 2026 capex guidance by $15 billion
Google’s Q2 2026 advertising revenue rose 14.4% y/y to $81.63 billion, roughly in-line with analysts’ estimate of $81.12 billion while total revenue rose 24% y/y to $119.8 billion, above analysts’ estimate of $116.9 billion.
Alphabet’s revenue beat was driven by cloud revenue which rose 82% y/y to $24.8 billlion, above analysts’ estimate of $22.4 billion.
Capex was $44.9 billion, roughly in li…
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Trump said U.S. will hold Iran responsible for the Houthis attacks in the Red Sea
Houthis said it struck two Saudi oil tankers in the Red Sea for violating their their maritime blockade.
The warnings comes after the U.S. completed its 12th consecutive night of strikes on Iran.
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