
Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) is set to release its second-quarter earnings on Tuesday. Analysts anticipate robust results, despite concerns over the impact of AI on the company’s core search business.
What Happened: Alphabet, along with other Big Tech companies, continues to invest billions in AI development and infrastructure. However, the rise of AI-backed chatbot alternatives poses a significant threat to Alphabet’s core search business, according to a report by MarketWatch.