Google is bringing ads in its AI-powered Search experiences to international markets, betting that generative AI can open new revenue even as growth in its core search advertising slows. Alphabet reported $127.6 billion in revenue, up 25% year over year, but its shares fell 8% after the results as Google Search revenue grew 12%, down from 17% in the second quarter and 19% in the first. Chief business officer Philipp Schindler said click-through rates for sponsored product listings in AI Mode are already comparable to organic listings, and user research shows people find the ads relevant. CEO Sundar Pichai said Search queries grew at their fastest year-over-year rate in five years, with AI Mode queries three times longer on average than traditional searches. Google has also surpassed 50 billion visual searches per month.
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GOOGLadvertisingartificial intelligenceearnings
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Related tickers and likely impact
GOOGL
• NeutralAlphabet Inc. (Class A)
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.0T |
| Close on 10/28/2026 | 325.61 |
| Change that session | +1.57% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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