{
  "id": 16977227,
  "title": "Why Alphabet’s stock could see its worst drop in years after the latest results",
  "url": "https://urgent.news/2026/10/28/why-alphabets-stock-could-see-its-worst-drop-in-years-after-the",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-28T23:44:00.000Z",
  "source": {
    "name": "MarketWatch",
    "slug": "marketwatch",
    "url": "https://www.marketwatch.com/story/why-alphabets-stock-could-see-its-worst-drop-in-years-after-the-latest-results-6b64cf98?mod=mw_rss_topstories"
  },
  "original_language": "en",
  "account": null,
  "summary": "Alphabet reported third-quarter sales of $111.2 billion, excluding partner payouts, for the period ending September 30. According to The National UAE and The National Business, this figure fell below the $111.3 billion average projected by analysts. Net income was reported at $2.12 per share, which was significantly lower than the $2.99 Wall Street estimate. The company's shares fell by more than 10 per cent in after-hours trading.\n\nThe National UAE and The National Business report that the company's equity investments resulted in an $8.7 billion loss, a reversal from the gains seen in the previous year and second quarter. MarketWatch noted that while cloud revenue doubled, investors remain concerned that artificial intelligence may be impacting the company's ability to generate profit from search queries.\n\nBoth The National UAE and The National Business stated that Alphabet's massive spending on AI infrastructure has reached record levels, placing pressure on the company to justify these costs through its integration of AI into products like Gmail, YouTube, and its search engine. Sales from the search division also disappointed.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "The National Business",
        "title": "Alphabet stock drops after profit and sales fall",
        "url": "https://urgent.news/2026/10/28/alphabet-stock-drops-after-profit-and-sales-fall",
        "published": "2026-10-28T22:12:11.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "U.S. stock futures drop as Alphabet slides on soft earnings, Microsoft firms",
        "url": "https://urgent.news/2026/10/29/u-s-stock-futures-drop-as-alphabet-slides-on-soft-earnings-microsoft",
        "published": "2026-10-29T00:31:36.000Z"
      },
      {
        "outlet": "CNBC Technology",
        "title": "Our next steps for Alphabet stock after earnings disappoint at nearly every turn",
        "url": "https://urgent.news/2026/10/29/our-next-steps-for-alphabet-stock-after-earnings-disappoint-at-nearly",
        "published": "2026-10-29T01:11:10.000Z"
      }
    ]
  },
  "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."
}