Alphabet Inc. shares fell 11% after its Q3 earnings report, losing over $400 billion in market value. The decline was driven by concerns that AI technology is cannibalizing revenue and disappointing search ad sales. Despite negative free cash flow and soft earnings per share, Google Cloud showed strong performance with 103% year-over-year revenue growth and 36.2% profit margins. The analyst maintains a Buy rating on Alphabet, citing its attractive valuation, significant AI infrastructure investments, and potential for double-digit earnings growth, suggesting buying near $270 offers a good risk/reward balance despite some technical downside risks.
Alphabet shares trade at USD 284.43 on Pluang as of Oct 29, 2026 22:51 WIB, down 11.64% in one day. The stock's market cap stands at $3.96 trillion with a 52-week low of $273.14. Pluang investors hold the stock for an average of 139 days, with 77% currently buying and 23% selling.
The Federal Reserve kept interest rates unchanged, with minimal impact on inflation expectations as fuel prices continue to drive inflation beyond the Fed's control. Two officials dissented, favoring a rate hike, but the overall stance suggests no im...
Alphabet's stock fell sharply after Q3 2026 results showed revenue up 25% to $127.6B but earnings per share down 26% to $2.12, with negative free cash flow of $9.1B. Cloud revenue doubled but concerns over customer concentration and transparency, esp...
Bank of America clients have sold communication services stocks, led by Meta Platforms, at the fastest rate since the sector's creation in 2018. Meta's stock dropped over 15% since late September due to heavy spending and legal charges, while Alphabe...
Alphabet's Q3 earnings fell 26% to $2.12 per share, mainly due to an $8.7 billion unrealized loss on its SpaceX investment, which cut EPS by $0.55. The stock price drop in SpaceX shares, which are largely restricted from sale, caused this paper loss....
Google's AI-powered search is seeing faster query growth but generates less revenue per query compared to traditional search, causing a slowdown in overall Search revenue growth. Executives acknowledged that while AI Mode queries are longer and more ...
