Regulatory pressure dampens Alphabet’s solid second quarter performance

Google CEO Sundar Pichai speaks at a panel at the CEO Summit of the Americas hosted by the U.S. Chamber of Commerce on June 09, 2022 in Los Angeles, California.

Anna Moneymaker | Getty Images

Alphabet (GOOGL) reported better-than-anticipated quarterly results after the closing bell Tuesday, sending shares soaring. But we remain highly cautious about the stock’s long-term upside given ongoing regulatory challenges in the U.S.

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