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First look: U.S. economy grew 1.5% in Q2 2026
BEA’s advance estimate is the first reading of the quarter. Later vintages can revise it.
Microsoft closed fiscal 2026 with $90.0 billion in quarterly revenue as Azure growth reached 43%.
Cloud and AI demand drove the quarter, but investment gains and restructuring items complicate a simple EPS comparison.
Alphabet’s Cloud revenue rose 82% as the company lifted its 2026 capital-spending range.
Cloud operating income more than tripled, but the capacity build pushed quarterly free cash flow below zero.
Tesla’s second-quarter revenue rose 26%, while operating margin narrowed to 1.4%.
Vehicle deliveries and services lifted sales, but higher AI and research spending left operating income below the year-earlier quarter.