Alphabet shares slid into a downtrend after a sell-off that followed its earnings report, but some trading signals point to a possible turnaround.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Alphabet’s stock just triggered a ‘death cross.’ Could the worst of the selloff be over?
Read the original on MarketWatch ↗
Keywords
GOOGLtech stockstechnical analysis
Open a keyword to see other news on the same topic.
Related tickers and likely impact
GOOGL
▼ Likely negativeAlphabet Inc. (Class A)
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $3.5T |
| Close on 10/28/2026 | 324.89 |
| Change that session | +1.34% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Alphabet Stock Heads for a Death Cross. There's Some Good News.
- Reddit Sinks 8% as Social Ad Worries Deepen in Tech Rout
Reddit (RDDT) shares fell 8% amid a broad tech selloff, after Snap reported only 4% ad revenue growth in the third quarter. The article argues Snap's slowdown is largely its own issue, since Meta's third-quarter revenue rose 26% to $64.6 billion. The bigger risk for Reddit is lost search traffic from Google's AI answers, which contributed to fourth-quarter revenue guidance of $1.00 billion to $1.03 billion, below expectations. Reddit's third-quarter revenue still rose 53% to $895 million, though analysts trimmed their 2027 revenue estimate to $4.34 billion from $4.47 billion. The article names the data-licensing renewal with Google, due in early 2027, as the next key test.
- 3 Stocks Riding The Shift Away From Search Ads
The article reviews three stocks that could benefit from, or be hurt by, a shift away from search advertising after signs of weakness in Alphabet's search business. Nexxen International, a video and CTV ad platform with about $383 million in revenue and a $486 million market cap, is one. AppLovin, an AI-powered mobile ad platform with about US$6.8b in advertising revenue and a market cap of US$82.2b, saw its stock fall nearly 50% while an SEC investigation was open. The SEC dropped that case in August 2026 with no findings of wrongdoing. MNTN, a self-serve Connected TV ad platform with about $313 million in revenue and a $728 million market cap, is the third, with customer acquisition timing that may vary by quarter.
- AI demand isn't going anywhere, but volatility lies ahead
A discussion hosted by Turney Duff with four panelists examines the sharp market selloff after the midterm election, noting that the post-election rally was lost in just six minutes and trillions of dollars have been wiped out. The panelists say the AI infrastructure buildout has not changed, but the range of possible outcomes has widened, leading many investors to become more defensive. They argue that market narratives tend to follow price action, and cite Google's announcement of a $15 billion data center investment in Malaysia as evidence that AI demand will continue. Spending in 2026 has been massive and is projected to reach the trillions next year, so they expect continued volatility while demand persists. They caution that stepping aside to time the market could leave investors with regrets over the long term.
- Google could take stake in TeraWulf's $19B AI project
Google has agreed to backstop Anthropic's $19 billion lease at TeraWulf's Kentucky data center, a site run by the bitcoin miner. If Anthropic defaults, Google could take over the lease or take a stake in the project. The episode also covers Payward's purchase of AAVE tokens and Standard Chartered's venture arm investing in Soter.
- What Anthropic's IPO could mean for Amazon and Google
Anthropic is preparing an IPO later this month, with Wall Street expecting a valuation of $1.5 trillion to $2 trillion; at the top end, it would surpass SpaceX as the most valuable stock market IPO in history. Amazon and Google, two of its largest backers, are set to hold more than 5% of Anthropic's stock at listing, according to its amended S-1; Amazon has invested $18 billion, and those investments were worth $92.5 billion in nonvoting preferred stock as of Sept. 30. Google plans to invest upwards of $40 billion if certain performance obligations are met, on top of roughly $3 billion in earlier investments. Both are also major compute suppliers: The Information reported a $200 billion agreement for Anthropic to use Google's TPUs over five years, and Anthropic has agreed to spend over $100 billion on AWS over 10 years, feeding concerns about circular investing. The investments carry risk if Anthropic falls short of expectations, and both Amazon and Google compete with Anthropic in AI.
Related markets
Latest news
- Amazon-Uber Eats Deal Sends DASH Stock To Biggest Drop In A Year
DoorDash (DASH) shares fell 10% on Thursday after Amazon and Uber Technologies (UBER) announced a partnership giving Prime members free delivery on Uber Eats restaurant orders of $25 or more placed through Amazon's website or app, across the U.S. The deal replaces Amazon's previous Grubhub partnership, and Amazon estimates frequent users could save more than $175 a year, though service fees still apply. The article argues the arrangement gives Uber Eats immediate access to Amazon's large Prime base, raising competition for DoorDash, which holds a dominant share of U.S. restaurant delivery spending. Less than two weeks earlier, DoorDash agreed to acquire Instacart (CART) for roughly $17 billion, or $65 per share, with closing expected in late 2027 or early 2028. DASH stock is down 22% year to date.
- Amazon.com (AMZN) Could Gain From Slower AI Data Center Expansion
The article says Democrats' win in the 2026 U.S. midterm elections on November 5, 2026 could bring tighter scrutiny of AI infrastructure spending and new limits on large data center expansion, which could favor cloud providers such as Amazon that already operate substantial computing capacity. It cites Amazon's US$225b in Trainium commitments and US$578b backlog, against guided 2026 capex of about US$220b. The suggested early indicator is whether that backlog and new AI deals show up in AWS usage growth and operating cash flow. The article also flags that higher regulatory friction around power and tax treatment could weigh on free cash flow if the economics of AI spending shift.
- Top Democrats call to rein in AI buildout after midterms sweep: 'National data center moratorium now'
After Democrats' midterm wins on Tuesday, Sen. Bernie Sanders called for a national data center moratorium, pointing to local referendums where voters approved restrictions on data centers. A CNBC Voter Poll found 56% of voters said AI and data centers were a crucial or major factor in their vote, and 65% of those voters backed a Democratic congressional candidate. Gina Hinojosa, who ousted Gov. Greg Abbott in Texas, pledged a moratorium on all data center approvals until the legislature passes protective laws. Chip stocks led the sell-off, with the iShares Semiconductor ETF (SOXX) tumbling nearly 9% on Tuesday, Nvidia down 8% and Advanced Micro Devices down more than 14%.
- Is Newmont (NEM) Still Undervalued On Stronger Q3 Earnings And Higher Guidance?
Newmont (NEM) rose 9.9% in one day to $118.11 after a third-quarter report showing higher sales and net income, lower reported costs and upgraded full-year production guidance. The stock is up 16.69% year to date, with a 1-year total shareholder return of 46.05% and a 3-year return of about 2.6x, supported by firmer gold prices, improved guidance and a maintained dividend. The article notes bulls cite stronger earnings and guidance, while bears argue the recent jump prices in too much. One widely followed narrative puts fair value at $137.07 per share, above the $118.11 close. Cited risks include lower-grade ore at key sites and higher sustaining capex that could squeeze future free cash flow.
- Navitas Sinks 15% as AI Chip Stocks Slide After Midterms
Navitas Semiconductor (NVTS) fell 15% today, along with STMicroelectronics, onsemi and Microchip Technology, as AI chip stocks extended losses on concern that Democrats' midterm wins could slow the AI buildout. The decline came without company-specific news, a day after Navitas rose on a third-quarter beat, with revenue of $14.0 million, up 33% from the second quarter. Breakeven now requires more than $60 million in quarterly revenue, against $16 million guided for the fourth quarter, while fourth-quarter operating expenses are $25.0 million. Navitas expects AI infrastructure revenue to roughly triple in 2027, but at about 28x forward sales after the drop, the stock sits near its three-year average of 31x. NVIDIA's November 17 report is the next read on the 800-volt timing that Navitas's growth depends on.
- Bank Earnings Have Entered the Upside-Down
In this Motley Fool podcast recorded October 13, 2026, the hosts discuss the first major bank earnings reports, where JPMorgan posted EPS of 557 against expectations of 590, yet its stock rose while peers that beat estimates fell. Lou Whiteman attributes part of the miss to securities losses and slower investment banking, and says banks with heavy trading models did well while more diversified or rate-sensitive lenders showed signs of strain. Matt Frankel highlights card spending at major banks up 10% to 13% (6% to 9% after inflation), lower net charge-off rates and strong consumer credit quality, while business loans drove most reserve builds. The episode also covers the difficulty of automating warehouses and investment opportunities in robotics and automation.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.