Google Parent Alphabet Stock Drops 4% After Brief Post-Earnings Pop
Alphabet Inc. (NASDAQ: GOOG ) (NASDAQ: GOOGL ) shares are trading lower Thursday after the company reported second-quarter financial results on Wednesday after the market closed. The company raised its fiscal-year 2026 CapEx guidance range. Alphabet stock is showing notable weakness. Why is GOOG stock falling? Alphabet Beats Revenue Estimates With $119.8B, EPS $9.11 Alphabet reported earnings per share of $9.11, which may not compare to estimates. In addition, it reported revenue of $119.79 billion, beating the consensus estimate of $116.81 billion. Total revenue grew 24% year-over-year, driven by strong performance across the business. Google Search revenue came in at $63.27 billion, up from $54.19 billion a year earlier. YouTube advertising revenue rose to $11.06 billion from $9.80 billion. Google Cloud revenue jumped to $24.77 billion from $13.62 billion. Total Google advertising r...
Alphabet Inc. (NASDAQ: GOOG ) (NASDAQ: GOOGL ) shares are trading lower Thursday after the company reported second-quarter financial results on Wednesday after the market closed. The company raised its fiscal-year 2026 CapEx guidance range. Alphabet stock is showing notable weakness.
Why is GOOG stock falling? 11, which may not compare to estimates. 81 billion. Total revenue grew 24% year-over-year, driven by strong performance across the business.
19 billion a year earlier. 80 billion. 62 billion. 34 billion.
Alphabet said Gemini models now process 22 billion API tokens per minute, and the Gemini app has reached 950 million monthly active users. 47 billion in cash, cash equivalents, and marketable securities. Alphabet Ups 2026 CapEx Forecast Alphabet raised its full-year 2026 capital expenditure guidance to a range of $195 billion to $205 billion, up from its prior forecast of $180 billion to $190 billion, as the company continues to scale data center and AI infrastructure capacity. 29, according to data Pro.
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