Alphabet's Cloud momentum, YouTube growth create favorable setup for Q2 report: analysts

Alphabet Inc (NASDAQ:GOOG) is set to report its second quarter results amid what Jefferies analysts describe as a “favorable setup,” with strength in YouTube, steady Cloud growth, and signs of modest advertising upside. “Q2 setup looks favorable with easier comps and modest ad upside on easing tariffs, though macro headwinds and cautious second-half budgets continue to weigh,” the analysts wrote in a note.