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 in a $9.1 billion negative free cash flow, along with an $8.6 billion paper loss on its SpaceX equity stake, pressured its financial results. These factors raised concerns about AI's impact on Alphabet's core search business and its ability to monetize search queries. Investors are watching closely to see how the company adjusts its strategy moving forward.
Following Alphabet's earnings report, its Class A shares (GOOGL) dropped 8.64% to USD 292.89 on Pluang as of Oct 29, 2026 07:02 WIB, nearing the 52-week low of USD 267.47 and well below the 52-week high of USD 402.62. Meanwhile, GOOG shares also fell 8.11% to USD 291.13, closer to their 52-week low of USD 268.43 than the high of USD 399.06. Despite the sharp declines, Pluang investors show a strong buy interest with 88% buying GOOGL and 77% buying GOOG at this time.
Alphabet's Other Bets segment, including Waymo, generated $372 million in Q3 revenue, just 0.3% of total sales, but posted a $2.05 billion operating loss. Waymo is expanding its robotaxi service across 15 U.S. cities and internationally to Canada, Ge...
Alphabet reported lower-than-expected profit and revenue for Q3, with a $9.07 billion negative free cash flow driven by heavy AI-related spending. The company’s core ad revenue fell short by $1.41 billion, while Google Cloud revenue more than doubled...
Microsoft disclosed for the first time that its Azure cloud service generated $33.2 billion in revenue in Q3, a 48% increase year-over-year. This puts Azure slightly ahead of Google Cloud's $30.7 billion revenue for the same period, though Google Clo...
Google is rolling out ads in its AI-powered Search internationally, aiming to create new revenue streams as traditional Search ad growth slows. Despite Alphabet's Q3 revenue rising 25% to $127.6 billion, Search ad growth decelerated to 12% year-over-...
Alphabet's stock has only risen 3% in 2026, lagging behind peers like Microsoft, as heavy AI investments have increased debt and paused buybacks. The Q3 earnings report will be crucial to show if AI-driven growth in Google Search and Google Cloud can...
