Alphabet Shares Slump 11% After-Hours as AI Spending Weighs on Results
Alphabet reported third-quarter results showing strong revenue growth across digital advertising and cloud, while AI infrastructure investment and investment losses squeezed profitability.
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10:41:12 PM UTC
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By Andrew BaryWarren Buffett's last major equity investment as Berkshire Hathaway's chairman isn't working out well so far given the sharp drop in Alphabet shares following the search giant's disappointing third-quarter earnings.Berkshire loaded up on Alphabet stock in the first half of 2026 includ…
Alphabet Inc. (GOOG, GOOGL) reported third-quarter financial results Wednesday that highlighted strong top-line revenue growth across its core digital ad and cloud operations, though massive investments in artificial intelligence infrastructure and investment losses squeezed profitability.The Googl…