In the Loop host Ejaaz Ahamadeen examines the market reaction to Alphabet's (GOOGL, GOOG) latest earnings, when the stock fell more than 12% in early trading. Search revenue grew 12%, below the roughly 17% expected, and executives attributed the slowdown to AI cannibalizing search, which now accounts for less than 50% of Google's revenue for the first time. Meanwhile, cloud revenue topped $30.7 billion in the quarter, up 103% year on year, and Google reached half a trillion dollars in annual revenue run rate for the first time. The discussion notes that if users shift to AI chatbots for information, this could signal pressure on Google's core advertising model.
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GOOGLadvertisingartificial intelligencecloud computingearnings
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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 | $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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