Alphabet reports Q3 results on October 28, highlighting Google Cloud's massive $514 billion backlog and a 2026 capital expenditure (CapEx) forecast between $195 billion and $205 billion. Cloud revenue surged 82% to $24.77 billion with improved margins, but costs and CapEx doubled, leading to a negative free cash flow of $5.86 billion for the first time. Investors will watch how quickly the backlog converts to revenue and whether rising CapEx can be managed efficiently, especially with expectations of significant CapEx growth in 2027. Search revenue also grew 17%, supporting overall expansion amid ongoing AI investments and regulatory scrutiny.
Alphabet's shares are trading down on Pluang as of October 24, 2026, with GOOGL at USD 320.21, down 1.24% for the day. The market cap stands at $3.90 trillion, reflecting the company's significant scale amid its large AI backlog and rising capital expenditures. Investors on Pluang show a mixed sentiment with 69% selling GOOGL shares and 31% buying, highlighting cautious positioning ahead of the Q3 results on October 28.
On October 22, 2026, 337 out of 497 S&P 500 stocks rose, yet the index closed lower due to heavy losses among major tech companies like Meta Platforms, NVIDIA, Apple, and Alphabet. Meta's earnings miss and costly legal settlements weighed on the inde...
Google cleared 816 acres of forest in Northern Finland without full environmental approval to build a data center, cutting down about 250,000 trees. This caused ecological damage, forcing wolves closer to towns and polluting local waterways, which an...
Apple's stock has risen 28% this year, matching the overall technology sector and outperforming rivals Microsoft and Alphabet. This surge is largely fueled by strong early demand for the new iPhone Duo, which has also boosted Apple's growing services...
The University of Texas Athletics, in partnership with Dell Technologies, Google Cloud, and SHI International, has launched Bevo Lab, a pioneering sports intelligence platform integrating AI, data analytics, and technology to enhance athlete performa...
Alphabet's stock fell 7.16% recently, presenting a buying opportunity due to its strong AI infrastructure ownership. Unlike competitors who rent chips, power, and data capacity, Alphabet owns its TPU chips, energy infrastructure, private fiber networ...
