Alphabet Drops 10% on Profit and Sales Misses — SkimNews
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- Alphabet sank 10% as Google’s search-revenue growth slowed and Q3 sales fell short of expectations.
- Alphabet kept 2026 capex unchanged but expects a significant increase in 2027; a profit miss, an ad slowdown and high spending turned investors against the company.
Why it matters: For Alphabet shareholders, the 10% decline is the immediate consequence of Q3 sales and profit misses and an ad slowdown. The quieter issue is spending: 2026 capex is unchanged, but a significant 2027 increase is expected despite high spending already driving investor backlash.
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