Alphabet posted its second-quarter earnings after Wednesday's closing bell, beating on the headline numbers and giving a higher forecast for this year's capital expenditures. But some analysts say the debate over the future of Google's search empire is still unsettled.

Tech earnings, AI exports, and global trade deals drove Wall Street to fresh highs during a pivotal week for Alphabet, Tesla, IBM, and others.

About 135 S&P 500 ( ^GSPC) companies, or 29% of the index's market cap, have reported earnings at the time of this writing. Sales and earnings have increased by a solid 6.5% and 7.2%, respectively. The average stock price has increased 1% post-results.

The second-quarter earnings season enters its busiest week. The economic calendar is packed with GDP, tariffs, the Fed, and the monthly jobs reports.

Scott Acheychek of Rex Financial discusses Alphabet's positive Q2 results and continued growth in cloud, and the issues that are still dogging Tesla.

AI upstarts were supposed to lay siege to Google’s search-engine dominance. So far, the defense is winning, writes Asa Fitch, following second-quarter results from parent company Alphabet. A: Google’s

The stock market is at record highs as investors brace for what's expected to be the busiest week of the summer on Wall Street.

Most leaders in the tech industry owe their wealth to founding equity stakes in their platforms, which Google’s Sundar Pichai does not have.

While there are lingering concerns about Google’s search business in the long run, analysts see some positives ahead of upcoming second-quarter results.

JPMorgan Chase is an advertising partner of Motley Fool Money. Adam Spatacco has positions in Alphabet and Nvidia. The Motley Fool has positions in and recommends Alphabet, Goldman Sachs Group, JPMorgan Chase, and Nvidia. The Motley Fool has a disclosure policy.