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GOOGLartificial intelligencetech stocks
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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 10/26/2026 | 316.80 |
| Change that session | -1.06% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Google misses revenue expectations, Alphabet stock sinks in early after-hours trading
Alphabet, Google's parent company, reported third-quarter revenue up 25% year over year to $127.58 billion, though this fell short of the $127.97 billion analysts expected according to a FactSet poll. Net income was $26.17 billion, down from $34.98 billion a year earlier, with results weighed by an $8.7 billion loss on equity investments. Earnings per share were $2.12, while analysts' estimates were around $3.01 per share, and it was unclear whether the two figures are directly comparable. CEO Sundar Pichai said the quarter was strong and that the Gemini app had reached 1 billion users, the fastest-growing product in Google's history. Alphabet shares fell about 9% to $295.20 within an hour after the market closed.
- Tech Layoffs 2026 : Job cuts near 2 lakh globally as big tech like Microsoft , Google , Oracle , Meta & more pivot to AI
Tech job cuts continued through 2026 as major firms restructure around AI, with nearly 196,000 tech workers affected globally as of late October. May was a peak month, when nearly 29,000 tech jobs were eliminated. The cuts are concentrated at highly profitable companies and are often rewarded by investors, as they signal margin expansion. The main driver is shifting capital toward AI data centres, foundation models and specialised talent. Indian IT services firms have also reported muted headcount growth, slowed fresher hiring and emphasised upskilling and automation, with revenue per employee and AI readiness now key measures of corporate health.
- AI , tech losses dwarf other stock growth | Northwest Arkansas Democrat - Gazette
- Sinking AI stocks undercut markets worldwide as oil climbs higher
AP reports that AI-related stocks dragged global markets lower on Thursday, with the S&P 500 down 1.3%, the Nasdaq down 2.4% and Asian indexes posting sharper losses, including South Korea's Kospi down 3.5%. Investors worried about the high cost of borrowing to fund data centers and AI chips, and about stock prices that had risen too far; Lam Research fell 11.1% despite stronger-than-expected results, while Nvidia dropped 4.3% and CoreWeave 9.6%. Brent crude rose 2.9% to $111.99 a barrel, its highest in five months, amid the war with Iran, and France's CAC 40 fell 1.4% as French bond yields climbed. The 10-year Treasury yield, however, fell to 4.98% from 5.13% as investors sought safer assets.
- Alphabet Has Lost About $860 Billion Since Its Peak, Nearly a Whole Walmart. Apple Has Avoided the AI Race and Is Near All-Time Highs.
Alphabet has lost about $860 billion in market value since its peak, nearly the value of Walmart ($937.1 billion), while Apple is roughly at its all-time high. Since ChatGPT launched, Apple is up 133.5% and Alphabet 232.5%, but year to date Apple is up 25.26% and Alphabet just 6.47%. The gap largely reflects capital spending: in the June quarter Alphabet spent $44.92 billion on data centers, chips and equipment versus Apple's $2.455 billion, and Alphabet guides to as much as $185 billion for the full year. Alphabet trades at 15 times trailing earnings versus Apple's 44 and is growing faster, but it has suspended buybacks and its long-term debt rose from $46.5 billion to $98.2 billion. The article concludes Apple is the better fit for a retirement-focused portfolio today due to steadier cash returns, though it could fall behind if AI pays off.
- Meta and Google are about to have a consumer AI showdown
Meta (META) and Google (GOOG) are heading for a showdown over consumer AI assistants, a race to control the next dominant tech platform. Meta's Muse, which launched last month as the first popular AI agent for everyday users, has hit a download milestone, but cautious users may wait for Google or Apple (AAPL) given how much trust is needed for emails, calendars and wallets. Bank of America analysts said Google is well positioned with proprietary models, custom silicon and broad distribution, and a competitive agent or broader Gemini 4 launch could be catalysts. The two firms account for more than half of global digital ad revenue, yet AI agents could move users away from the screen-phone-app model that underpins those businesses.
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- Marvell Wants Lumentum. Here’s Why Coherent Could Win.
Bloomberg reported on October 28 that Marvell is in advanced discussions to acquire Lumentum, though no definitive agreement has been announced. Lumentum shares rose sharply on the news while Marvell fell in after-hours trading, and Coherent gained about 3.5% after hours. Per Bloomberg’s October 9 report, Lumentum’s optical capacity is effectively sold out through early 2029, and CEO Michael Hurlston said the company could not meet about 70% of expected demand for certain products through 2027. The article argues that a Marvell–Lumentum deal could make Coherent’s independent manufacturing more valuable, especially since Nvidia has invested $2 billion in Coherent.
- Google Cloud Revenue Just Grew 103%, so Why Is the Stock Falling?
Alphabet reported third-quarter results after the market close on Wednesday. Revenue rose 25% to $127.6 billion, below analyst estimates of $127.9 billion, while diluted EPS of $2.12 fell 26% against expectations of $3.01. Operating income climbed 30% to $40.6 billion. Google Cloud revenue soared 103% to $30.7 billion, with an operating margin of 36.2%, and CEO Sundar Pichai cited huge demand for AI infrastructure. The EPS decline mainly reflected an $8.2 billion loss on equity investments, including SpaceX, compared with gains of nearly $12.8 billion a year earlier. Alphabet expects capex of about $200 billion in 2026 and $300 billion in 2027, leaving free cash flow at -$9.1 billion, and the stock fell as much as 11% after hours.
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The article profiles Broadcom and Taiwan Semiconductor Manufacturing (TSMC) as leading custom-silicon players. Broadcom, which partners with Alphabet on TPUs and counts Meta, OpenAI, and Anthropic among its ASIC customers, reported third-quarter AI semiconductor revenue up 221% to $16.7 billion and net income up roughly 216% to $13.1 billion. It expects fourth-quarter AI revenue to rise 236% to $21.7 billion, and the stock trades at about 28 times expected earnings this year. TSMC manufactures chips designed by its customers and, according to many estimates, controls over 90% of the high-end AI chip market. Its stock has delivered a total return of roughly 4,720% over 15 years. The author notes that both stocks' valuations have been volatile amid AI bubble concerns, while their market positions remain strong.
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Bel Fuse's estimated fair value has moved from US$313 to US$326, in line with recent Street targets of US$326 to US$335. Northland raised its target to US$326, calling it another strong quarter with a better-than-expected Q3 sales outlook. JPMorgan kept an Overweight rating but cut its target twice, most recently from US$380 to US$330 in October 2026, a more cautious stance on how current risks and execution uncertainties may cap valuation. Model assumptions were also updated: revenue growth from 11.53% to 11.94%, net profit margin from 20.57% to 20.35%, future P/E from 33.59x to 34.87x, and discount rate from 8.82% to 8.70%.
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The article looks at three founder-led businesses as AI spending draws scrutiny after Alphabet reported negative free cash flow of US$9.07 billion and raised its AI infrastructure capex guidance. Sansan, a Japanese SaaS group founded by Chika Terada, generates about ¥48.9 billion from its Sansan and Bill One segment, with a market value near ¥273.9 billion. Spotify Technology, where Daniel Ek still shapes the long-term vision, earns about €18.8 billion in revenue, mostly from Premium subscriptions, and is valued near US$114.2 billion. China Medical System Holdings, controlled by Treasure Sea Limited, generates about CN¥7.3 billion from its Integrated Business and is valued near HK$24 billion. The article argues founder leadership may encourage more careful capital protection and highlights capital allocation and AI strategy as key questions for these companies.
- October 29: What to Read Before the Stock Market Opens
A roundup of domestic and international financial news from the past 24 hours. In Vietnam, Digiworld (DGW) reported third-quarter profit up 66% to VND 276 billion, though its shares still fell to the floor price, while Thế Giới Di Động (MWG) posted third-quarter net profit up 75% to nearly VND 3.1 trillion, and VIB reached nearly VND 7,600 billion in nine-month pre-tax profit, up 8%. Pi Group's PDCC repurchased VND 900 billion of bonds before maturity, spending nearly VND 996.3 billion. Globally, Beijing is urgently seeking to support its weakening stock market amid an AI sell-off, while the US pending home sales index fell 7.3% to 66.0 points in September 2026, its lowest since 2001.
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