Alphabet shares fell 12.64% to $283.82 after an earnings report that showed GAAP EPS of $2.12 against a $2.97 estimate, which the author attributes to an $8.70 billion loss on equity securities. The author argues the core businesses grew: operating income rose 29.93% to $40.58 billion and revenue climbed 24.6% to $127.58 billion. Google Cloud revenue grew 103% to $30.71 billion, while Search and other revenue rose 12% to $63.35 billion. Capital expenditures rose 114.4% to $51.36 billion, pushing free cash flow to negative $9.07 billion, and Alphabet issued $28.7 billion in senior notes, which the author names as the main risk. The author says he added to his Alphabet position after the sell-off.
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Related tickers and likely impact
GOOGL
▲ Likely positiveAlphabet Inc. (Class A)
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.0T |
| Close on 10/29/2026 | 283.75 |
| Change that session | -12.66% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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