The second most important topic for $Alphabet - C(GOOG.US) earnings is Search growth.
Streets expecting it to up 17% YY compared to up 19% in March. One reason for the step down is the growth comp in June 25 was 12%, slightly higher than the 10% in March. Bottom line is Google is doing a great job of converting AI Overview and AI Mode traffic into Search revenue. More Google use, more shots on goal, more search revenue.Source: Gene Munster
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