{
  "id": 16960893,
  "title": "Alphabet shares fall after revenue miss, cash burn worsens",
  "url": "https://urgent.news/2026/10/28/alphabet-shares-fall-after-revenue-miss-cash-burn-worsens-16960893",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-28T20:07:24.000Z",
  "source": {
    "name": "Channel News Asia",
    "slug": "channel-news-asia",
    "url": "https://www.channelnewsasia.com/business/alphabet-shares-fall-after-revenue-miss-cash-burn-worsens-6501196"
  },
  "original_language": "en",
  "account": "Alphabet's shares fell by more than 10 percent in after-hours trading following a revenue and profit miss on Wednesday. The tech giant's AI spending accelerated its cash burn, which widened to $9.07 billion in the quarter, surpassing analysts' expectations of a near-even position. CFO Anat Ashkenazi said capital expenditures, driven by AI, would increase significantly in 2027, but the current quarter's capex forecast remained unchanged. The company reported a $7.66 billion operating income loss and a 25 percent fall in adjusted earnings per share, both missing Wall Street targets. Despite a revenue of $127.6 billion, which fell short of the $128.2 billion estimate, Google Cloud's cloud revenue more than doubled to $30.71 billion, though it couldn't offset the ad-side performance. The company's focus on AI development, as exemplified by the introduction of the Gemini 4 Carbon model, was aimed at keeping up with competitors.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "Fortune",
        "title": "Alphabet’s Google Cloud revenue doubles to $31 billion as cash flow stays deep red",
        "url": "https://urgent.news/2026/10/28/alphabets-google-cloud-revenue-doubles-to-31-billion-as-cash-flow",
        "published": "2026-10-28T20:40:15.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Alphabet shares fall after revenue miss, cash burn worsens",
        "url": "https://urgent.news/2026/10/28/alphabet-shares-fall-after-revenue-miss-cash-burn-worsens-16960880",
        "published": "2026-10-28T21:13:08.000Z"
      },
      {
        "outlet": "CNBC",
        "title": "Nasdaq-100 futures dip as Alphabet shares sell off after earnings report: Live updates",
        "url": "https://urgent.news/2026/10/28/nasdaq-100-futures-dip-as-alphabet-shares-sell-off-after-earnings",
        "published": "2026-10-28T22:08:08.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Shares in Google parent Alphabet plummet on profit miss, ad slowdown",
        "url": "https://urgent.news/2026/10/28/shares-in-google-parent-alphabet-plummet-on-profit-miss-ad-slowdown-16975439",
        "published": "2026-10-28T22:21:00.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Shares in Google owner Alphabet plummet on profit miss, ad slowdown",
        "url": "https://urgent.news/2026/10/28/shares-in-google-owner-alphabet-plummet-on-profit-miss-ad-slowdown",
        "published": "2026-10-28T22:38:03.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Alphabet shares fall after revenue miss, cash burn worsens",
        "url": "https://urgent.news/2026/10/28/alphabet-shares-fall-after-revenue-miss-cash-burn-worsens-16971179",
        "published": "2026-10-28T22:48:42.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}