YouTube, now the most-watched outlet on American TV screens, saw advertising revenue grow nine percent to $11.2 billion, down from 13 percent growth in the previous quarter. YouTube Music and Premium passed 150 million subscribers worldwide, including trials.
Google parent company Alphabet Inc. came up short of Wall Street expectations despite strong revenue growth in its third-quarter results, which sent its stock falling in after-hours trading Wednesday. The Mountain View, California-based company said its net income was $26.
Alphabet’s stock fell 7% in after-hours trading Wednesday after the company missed profit projections and increased its AI spending past $50 billion in the third quarter.
Net profit slid 25% from a year earlier to $26.2bn, well short of expectations, though revenue rose to $127.6bn Shares in Google parent Alphabet fell more than 10% in after-hours trading Wednesday, erasing tens of billions of dollars in stock market value from the $4tn tech giant.
The drop comes after Google told investors that the quarterly results of Alphabet showed profits at the company fell by a notable 25% in the third quarter.
A logo outside the Google Inc. office in the financial district in Warsaw, Poland, on Wednesday, Aug. 5, 2026. Poland’s economy is now among the 20 largest in the world, and its gross domestic product per capita, adjusted for purchasing power, has already surpassed that of Japan.
Investors were thoroughly unimpressed with Alphabet Inc.’s third-quarter earnings on Wednesday evening. Shares tumbled nearly 11% after the company missed sales and profit expectations. It was a sign, Bloomberg News reported, that Wall Street wasn’t satisfied that Google is seeing enough of a return…
Shares of Google’s parent company, Alphabet Inc. (Nasdaq: GOOG), could suffer a historic post-earnings loss today. As of the time of this writing, the stock price is down more than 10% after the company reported what can only be described as disappointing results for its most recent quarter yesterda…
Investors balked at Alphabet pouring $51.4 billion into capital expenditures, like buying data centers and ramping power capacity, in just three months.
Google shares fell 12 percent in morning trading after the company reported its first combined revenue and profit miss in nearly four years, driven in part by a sharp swing into negative free cash flow.
Alphabet's first major earnings miss in nearly four years coincides with a sharp decline in Google referrals, deepening concerns for Latin American publishers dependent on search traffic and advertising revenue.
Alphabet suffered one of the largest stock market wipeouts in history after investors questioned the Google parent's massive artificial intelligence spending.
