Google's stock fell about 12% after its Q3 earnings report, risking a nearly $500 billion drop in market value, one of the largest ever for a U.S. company. The decline followed a miss on search revenue growth and heavy AI infrastructure spending, which pushed free cash flow into a $9 billion deficit. Despite strong growth in Google Cloud revenue and user numbers for its Gemini app, investors worry about when these investments will generate sustainable profits. Analysts have cut price targets, but some major firms remain bullish, betting on Google's ability to monetize AI and maintain its market leadership.
As of Oct 29, 2026 22:31 WIB, Alphabet Inc Class A (GOOGL) shares on Pluang are priced at USD 286.83, down 11.71% for the day. This sharp decline aligns with the reported drop but is slightly less than the nearly 12% fall noted in the news. Trading volume is robust at 54,011,739 shares, with most Pluang users holding their positions for an average of 88 days, and a strong buy sentiment at 88%.
Alphabet's shares dropped about 13% following its worst earnings miss ever, with Q3 EPS at $2.12 versus $2.97 expected and revenue slightly below estimates. Heavy AI spending and a $9 billion negative free cash flow raised concerns, despite strong gr...
Microsoft and Alphabet reported earnings that disappointed investors, casting uncertainty on the future growth of artificial intelligence (AI) investments. Despite the hype around AI, their results suggest that spending in this area may not be as rob...
Michael Burry, known for predicting the 2008 housing crash, flagged a $537 billion financial risk in AI developer Anthropic's IPO filing. Anthropic has massive future computing commitments with suppliers like Alphabet, Amazon, and Broadcom, but its r...
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...
Microsoft and Alphabet reported earnings on the same day with contrasting market reactions due to their free cash flow performance amid heavy AI investments. Alphabet missed search revenue expectations by $1.5 billion and had negative free cash flow ...
