Alphabet Shares Fall After Q3 Earnings Miss, Losing Over $500 Billion
The sell-off followed disappointing advertising revenue, slower Google Search growth and concerns about AI expansion costs. Google Cloud performance was strong, while investors questioned returns on infrastructure spending.
The sell-off followed disappointing advertising revenue, slower Google Search growth, and rising concerns over the cost of its AI expansion. Despite strong Google Cloud performance, investors questioned whether Alphabet's growing infrastructure investments could generate sufficient returns.Alphabet…