Google (GOOG, GOOGL) reports third-quarter earnings after the bell on Wednesday, with investors focused on whether hyperscalers' AI spending will pay off. Analysts expect EPS of $3.01 on revenue of $127.8 billion, including advertising sales of $83.5 billion and cloud revenue up 91% to $28.9 billion. BofA and TD Cowen see TPU sales as a possible driver, and TD Cowen expects $9.4 billion in TPU sales in the second half of 2026, rising to $62.5 billion in 2027 and 138 billion in 2028. Oracle will be the first company to buy Google's AI processors for its own data centers. Meanwhile, Meta's Muse AI agent, which CEO Mark Zuckerberg says 10 million people have set up, could prove to be a long-term threat to Google's search business.
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GOOGLearningsartificial intelligencecloud computingMETA
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Related tickers and likely impact
GOOGL
• NeutralAlphabet Inc. (Class A)
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.0T |
| Close on 10/26/2026 | 316.89 |
| Change that session | -1.04% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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