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Alphabet Shares Drop 13% as Profit Falls 25%

By Drooid · Oct 30, 2026 · How we work

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Alphabet’s shares fell 13%, wiping about $500 billion from its market value.
Quarterly profit declined 25% year over year.
Free cash flow turned negative by more than $9 billion.
Google Cloud revenue more than doubled to $30.7 billion, a 103% year-over-year gain.
CFO Anat Ashkenazi warned Google Cloud could face near-term profit-margin pressure.

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Alphabet’s shares fell 13%, wiping about $500 billion from its market value.
Quarterly profit declined 25% year over year.
Free cash flow turned negative by more than $9 billion.
Google Cloud revenue more than doubled to $30.7 billion, a 103% year-over-year gain.
CFO Anat Ashkenazi warned Google Cloud could face near-term profit-margin pressure.