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Google Stock Drops 10% After Core Ad Sales Fall

By Drooid · Oct 30, 2026 · How we work

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Google’s stock fell more than 10% after reporting a decline in core advertising sales.
Executive Philipp Schindler said AI-mode queries grew while overall monetization stayed lower.
CIO Dennis Davitt observed investors shifting from upside calls to downside puts.
Davitt added Meta’s Muse AI agent shows less fear in options pricing than Amazon.

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Google’s stock fell more than 10% after reporting a decline in core advertising sales.
Executive Philipp Schindler said AI-mode queries grew while overall monetization stayed lower.
CIO Dennis Davitt observed investors shifting from upside calls to downside puts.
Davitt added Meta’s Muse AI agent shows less fear in options pricing than Amazon.