Google Q3 2026 results expose AI monetization anxiety as shares plunge over 7% after hours

Alphabet Q3 revenue reached $127.6 billion, up 25%, with Google Cloud revenue doubling, but earnings per share of $2.12 missed the expected figure of about $3.02, and advertising revenue of $82.01 billion also fell short of expectations. An $8.7 billion loss on equity investments cut after-tax profit by about $6.7 billion, while quarterly capital spending hit $51.4 billion and free cash flow turned to negative $9.1 billion. It matters because investors are questioning whether huge AI infrastructure spending, guided at $195-205 billion for the full year, will convert into profit at the same pace.

• IT之家2026-10-28 20:38
• Sundar Pichai2026-10-28 20:05