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. Despite this, Alphabet's operating income rose 30%, driven by strong Google Cloud growth. Investors should watch SpaceX's share price recovery and Alphabet's ability to manage AI spending and earnings shortfall.
As of Oct 29, 2026 18:12 WIB, Alphabet's stock (GOOG) is trading at USD 287.31 on Pluang, down 10.74% in the last day, reflecting notable investor caution. Meanwhile, SpaceX shares (SPCX) are priced at USD 143.50, down 1.19% over the same period. The platform shows a strong buy interest for GOOG at 77% and a moderate buy interest for SPCX at 61%, highlighting differing investor sentiment between the parent company and its SpaceX investment.
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 ...
Alphabet reported third-quarter revenue of $127.6 billion, slightly below analyst expectations of $128 billion, and earnings per share of $2.12, well under the $3.02 expected. The company’s heavy investment in AI, costing $51.4 billion and resulting ...
Alphabet Inc. reported a rare double miss in its Q3 earnings, mainly due to non-operational investment losses rather than core business weakness. Despite this, the company’s underlying operations remain strong, with revenue up nearly 25% year-over-ye...
OpenAI, a major buyer of Nvidia AI chips, reportedly plans to purchase Google's custom AI chips (TPUs), signaling a shift in the AI hardware market. This move could reduce Nvidia's pricing power by introducing a credible alternative supplier, while b...
Anthropic's IPO reveals a rare ownership structure where major venture capital firms hold less than 5% stakes due to the company's massive $965 billion valuation. Instead, tech giants Amazon and Google stand to gain the most, with Amazon holding $6.2...
