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Alphabet (GOOGL) Cloud Backlog Nearly Doubles to $462B, Eases AI Fears

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The Story

News Summary

  • Jensen Investment Management's Q2 2026 letter highlights Alphabet as a top performer, citing accelerating cloud revenue growth, doubling backlog to $462B, and easing AI disintermediation fears in search business.
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GOOGL price history

344.11 +7.83% over the displayed period

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