30 October 2026
Alphabet shares fall 12% after earnings miss on slowing search growth
First reported
Ars Technica ran this on , a day before the other 2 sources picked it up.
- Alphabet, Google's parent company, reported about $128 billion in Q3 2026 revenue and over $26 billion in net income.
- Earnings per share came in at $2.12 against a $3.02 analyst expectation, and the stock fell roughly 12 percent.
- Google search grew 12 percent year over year, down from 17 percent in Q2 and 19 percent in Q1, and search revenue was flat.
Our read
Only Platformer of the 30 tracked newsletters picked up this Alphabet earnings story, which was first reported by Ars Technica on 2026-10-29. Our archive's closest earlier entry on this thread is the 2026-10-17 TSMC story about earnings beating forecasts while shares fell amid an AI stock selloff.
Earlier on this story
Written by Newskeryx from which newsletters covered this story and from our own archive.
How it was covered
PlatformerCasey Newton
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Reported by AI Business, Ars Technica