Alphabet (GOOGL) stock fell 12.18% during the session and was trading at $287.13, according to Binance market data.
The story so far: Alphabet Q3 earnings miss
Alphabet's third-quarter results missed Wall Street expectations as heavy AI infrastructure spending has yet to deliver matching returns, and its shares fell in after-hours trading. The company also disclosed more than $1tn in purchase commitments and future lease payments tied to AI, plus about $98.5bn in contingent…
Alphabet and Microsoft earnings to test AI spending and cloud growth
Alphabet and Microsoft report quarterly results after the US market close, with investors focused on cloud growth and how rising AI capital spending is affecting free cash flow. Microsoft shares are up about 36% since late July, while Alphabet is down 6.3%.
Alphabet quarterly revenue and profit miss expectations as AI returns lag
Alphabet reported revenue of $111bn and earnings per share of $2.12 for the three months to 30 September, both below Wall Street expectations, as heavy AI infrastructure spending has yet to deliver matching returns. Its shares fell as much as 7.9% in after-hours trading.
Alphabet posts $128bn Q3 revenue but misses estimates as AI spending climbs
Alphabet reported $128bn in revenue for the third quarter of its 2026 fiscal year, with revenue, adjusted earnings per share and free cash flow all below Wall Street expectations as capital spending rose. Its shares fell 9.79% in after-hours trading.
Alphabet shares fall after results as GOOGL futures open interest jumps
Alphabet shares fell nearly 10% in after-hours trading after the Google parent posted third-quarter results. Open interest in GOOGL futures across exchanges rose 64.32% in 24 hours to about $637m, with Bitget's up more than 69% at $52.7m, CoinGlass data showed.
Alphabet shares drop 12.18% intraday to $287.13
Alphabet (GOOGL) stock fell 12.18% during the session and was trading at $287.13, according to Binance market data.
Alphabet says AI-related commitments exceed $1tn, filing shows
Alphabet disclosed about $98.5bn in contingent commitments, up roughly $23bn on the prior quarter, on top of more than $1tn in purchase commitments and future lease payments tied to AI. Its shares fell as much as 13% at the US open, narrowing to 11.56%, after third-quarter revenue of $128bn missed expectations.
Alphabet shares fall over 11% as AI spending weighs on cash flow
Alphabet shares fell more than 11% in a day, wiping about $500bn off its market value, as AI investment consumed cash flow, buybacks fell to zero and search revenue growth hit its lowest this year. JPMorgan called it a setback for the AI trade.
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