Alphabet's shares fall after quarterly report

Preliminary information; it may change as the story develops.

• Meduza states: Alphabet's shares fell in premarket trading.

  Sources for this fact

  Supports

  4 sources: CNBC, Meduza, Slashdot, Dawn News

  All materials (5)

  • CNBC · 29 Oct · Alphabet falls 10% in premarket, putting it on course for its biggest ever post-earnings drop (Original publication)
  • Meduza · 29 Oct · Акции Alphabet (это Google) упали на 10%. Инвесторам не понравилось снижение чистой прибыли (Original publication)
  • Slashdot · 29 Oct · Google Struggling to Make AI Mode Searches Pay (Original publication)
  • Slashdot · 29 Oct · Alphabet Heads For a $500 Billion Drop In Market Value (Original publication)
  • Dawn News · 29 Oct · US stocks slide as Google parent's revenue miss revives AI spending jitters (Original publication)

  Contradicts

  1 source: Bloomberg

  All materials (1)

  • Bloomberg · 29 Oct · Google Erases a Record $500 Billion as AI Eats Into Sales (Original publication)

• Meduza states: Alphabet reported a net profit of $26.2 billion, a 25% decrease from the same period last year.

  Sources for this fact

  Supports

  2 sources: Meduza, Slashdot

  All materials (2)

  • Meduza · 29 Oct · Акции Alphabet (это Google) упали на 10%. Инвесторам не понравилось снижение чистой прибыли (Original publication)
  • Slashdot · 29 Oct · Google Struggling to Make AI Mode Searches Pay (Original publication)

• Meduza states: Alphabet's revenue for the quarter increased by 25% to $127.6 billion.

  Sources for this fact

  Supports

  1 source: Meduza

  All materials (1)

  • Meduza · 29 Oct · Акции Alphabet (это Google) упали на 10%. Инвесторам не понравилось снижение чистой прибыли (Original publication)

  Contradicts

  1 source: Dawn News

  All materials (1)

  • Dawn News · 29 Oct · US stocks slide as Google parent's revenue miss revives AI spending jitters (Original publication)

• Meduza states: YouTube advertising revenue for Alphabet grew by 9% to $11.2 billion.

  Sources for this fact

  Supports

  1 source: Meduza

  All materials (1)

  • Meduza · 29 Oct · Акции Alphabet (это Google) упали на 10%. Инвесторам не понравилось снижение чистой прибыли (Original publication)

• Slashdot states: Google disclosed that searches through its AI Mode generate less revenue than traditional search.

  Sources for this fact

  Supports

  3 sources: Slashdot, Bloomberg, Dawn News

  All materials (4)

  • Slashdot · 29 Oct · Google Struggling to Make AI Mode Searches Pay (Original publication)
  • Bloomberg · 29 Oct · Google Erases a Record $500 Billion as AI Eats Into Sales (Original publication)
  • Slashdot · 29 Oct · Alphabet Heads For a $500 Billion Drop In Market Value (Original publication)
  • Dawn News · 29 Oct · US stocks slide as Google parent's revenue miss revives AI spending jitters (Original publication)

  Context

  1 source: Bloomberg

  All materials (1)

  • Bloomberg · 29 Oct · US Stock Futures Today: Alphabet, Caterpillar, Instacart, Microsoft (Original publication)

• Slashdot states: Alphabet reported a net income of $26.17 billion for the quarter.

  Sources for this fact

  Supports

  2 sources: Meduza, Slashdot

  All materials (2)

  • Meduza · 29 Oct · Акции Alphabet (это Google) упали на 10%. Инвесторам не понравилось снижение чистой прибыли (Original publication)
  • Slashdot · 29 Oct · Google Struggling to Make AI Mode Searches Pay (Original publication)

  Contradicts

  1 source: Slashdot

  All materials (1)

  • Slashdot · 29 Oct · Alphabet Heads For a $500 Billion Drop In Market Value (Original publication)

• Bloomberg states: Alphabet's shares fell significantly, erasing a large amount of market value.

  Sources for this fact

  Supports

  4 sources: Bloomberg, NBC News, 3DNews, Dawn News

  All materials (5)

  • Bloomberg · 29 Oct · Nasdaq 100 Falls as AI Trade Shows New Cracks (Original publication)
  • NBC News · 29 Oct · Google-parent Alphabet’s stock price plunges, erasing more than $500 billion in value (Original publication)
  • 3DNews · 29 Oct · Google рухнула на $500 млрд после квартального отчёта, а Microsoft устояла — и вот почему (Original publication)
  • Bloomberg · 29 Oct · Google Erases a Record $500 Billion as AI Eats Into Sales (Original publication)
  • Dawn News · 29 Oct · US stocks slide as Google parent's revenue miss revives AI spending jitters (Original publication)

• Dawn News states: Alphabet's shares slid 13.2% following its quarterly report.

  Sources for this fact

  Supports

  3 sources: Bloomberg, Slashdot, Dawn News

  All materials (4)

  • Bloomberg · 29 Oct · Google Erases a Record $500 Billion as AI Eats Into Sales (Original publication)
  • Bloomberg · 29 Oct · Google Sales Miss Reignites AI Fears, Microsoft Eyes $25B Debt Offering (Original publication)
  • Slashdot · 29 Oct · Alphabet Heads For a $500 Billion Drop In Market Value (Original publication)
  • Dawn News · 29 Oct · US stocks slide as Google parent's revenue miss revives AI spending jitters (Original publication)