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As Internet giant Alphabet (GOOGL) reports its second-quarter earnings on Monday after the market close, investors will be looking to hear about Google's paid clicks performance, its new YouTube TV line-up of streaming channels and the latest numbers for its cloud business. Wall Street is looking for the company to report earnings of $4.47 per share, adjusted for the EU's whopping $2.7 billion antitrust fine levied against Google in June, on revenue of $20.91 billion during the period.

Eric Jhonsa, TheStreet's tech columnist, will be live blogging the company's earnings, providing instant reactions to Alphabet's quarterly report. The company's earnings call starts at 5:00 p.m. ET.