Alphabet stock heads for its worst post-earnings drop as Google's AI search draws users but earns less ad money.

Google’s out with its Q3 2026 earnings, chronicling the company’s financial performance over the past few months. It was a miss on revenue for the company that operates YouTube and the popular search engine, and a miss on the EPS (earnings per share) number.

Investors may be missing the forest for the trees.

Google Cloud's profit roughly tripled and revenue hit record highs, yet Alphabet shareholders watched hundreds of billions in paper value vanish after hours. One number buried in the earnings report explains why investors sold anyway.

Alphabet (NASDAQ:GOOG) shares declined more than 10% in premarket trading on Wednesday after the Google parent company reported third-quarter earnings below analysts’ expectations, as slower advertising growth in its search business drew attention away from increased revenue in its cloud computing division.

Critical PHP security flaws trigger global warnings as Google, OpenAI and Amazon respond to potential cyber threats.

Alphabet shares are down about 10% in premarket trading after its revenue came in lighter than analysts expected. Such a move would be their biggest percentage drop since the early days of the Covid pandemic.

It has no trouble reporting who won the 2024 election, however. Google blames its AI's suspiciously vague non-answers on 'a technical gap' that it’s 'working to fix.'

President Donald Trump spoke about renaming the Atlantic Ocean to the "American Ocean" at a rally in Mississippi on Monday.

Investors balked at Alphabet pouring $51.4 billion into capital expenditures, like buying data centers and ramping power capacity, in just three months.