On October 29, Alphabet lost nearly $500 billion in market value despite a 25% rise in third-quarter revenue to $128 billion, as investors worried that AI-driven search was slowing advertising growth and data-centre spending was pushing cash flow negative. Class A shares closed down 12.6% at $284, the biggest one-day drop since the company listed in August 2004. Search revenue rose 12% to $63.35 billion, slower than in the first and second quarters, while capital expenditure on fixed assets jumped 114% to $51.36 billion. Free cash flow was negative $9.07 billion in the third quarter, the second straight quarterly deficit, and the company is now borrowing at record levels after previously holding surplus cash for share buybacks. Alphabet kept its 2026 capital expenditure plan at $195 billion to $205 billion.
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Original headline: Thế tiến thoái lưỡng nan của Alphabet khi 500 tỷ USD vốn hóa bị thổi bay
Read the original on Vietstock ↗
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GOOGLAI investmentearningsadvertising
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Related tickers and likely impact
GOOGL
▼ Likely negativeAlphabet Inc. (Class A)
Relevance: high
| 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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