{
  "id": 16971179,
  "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",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-28T22:48:42.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/alphabet-shares-fall-after-revenue-miss-cash-burn-worsens"
  },
  "original_language": "en",
  "account": "Alphabet's shares plummeted more than 10 percent in after-hours trading after the tech giant missed Wall Street's profit and revenue projections on Wednesday (Oct 28). The company reported negative free cash flow of US$9.07 billion, a stark increase from the US$5.9 billion reported in the previous quarter. This cash burn surge was primarily driven by investments in cloud capacity and AI research. Alphabet's revenue for the third quarter totaled US$127.6 billion, falling short of the estimated US$128.2 billion. The shortfall was largely attributed to Google's advertising business, which generated US$82.01 billion in revenue, about US$1.41 billion less than expected. Despite Google Cloud's revenue exceeding analyst estimates and more than doubling to US$30.71 billion, it was not sufficient to offset the decline in advertising revenue. The company's operating income loss in \"Alphabet-level activities\" stood at US$7.66 billion, largely due to AI research and development expenses. CEO Sundar Pichai attempted to alleviate concerns by unveiling the new Gemini 4 Carbon model, emphasizing Alphabet's continued leadership in the AI race.",
  "summary": "Capital expenditures driven by AI will rise significantly in 2027, says its CFO",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 8,
    "also_reported_by": [
      {
        "outlet": "CNA - Business",
        "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",
        "published": "2026-10-28T20:07:24.000Z"
      },
      {
        "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": "Straits Times Business",
        "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-16981055",
        "published": "2026-10-28T23:54:00.000Z"
      }
    ]
  },
  "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."
}