Our next steps for Alphabet stock after earnings disappoint at nearly every turn
- ID
- 40649
- Status
- summarized
- Published
- 29 Oct 2026, 9:11 AM
- Fetched
- 29 Oct 2026, 9:31 AM
- Provider
- CNBC Technology
- Category
- technology
- Original URL
- https://www.cnbc.com/investingclub/2026/10/28/our-next-steps-for-alphabet-stock-after-earnings-disappoint-at-nearly-every-turn.html
- Source URL
- https://www.cnbc.com/id/19854910/device/rss/rss.html
Summary
- Score
- 3.0
- Created
- 29 Oct 2026, 9:31 AM
- Tags
- Audience
- developersai_ml_learnerssaas_founders
What happened
Alphabet's quarter missed on revenue ($127.6B vs. $128.2B expected) and adjusted EPS ($2.67 vs. $3.02 expected), with shares down nearly 10% after hours. Google Cloud was the bright spot: revenue doubled year over year to $30.71B, segment operating income more than tripled to $11.12B, and backlog rose to $561B from $514B. Alphabet also reported negative free cash flow and signaled a big increase in AI spending next year.
Why it matters
This is mostly investor news, not a builder-facing product or pricing change. The one concrete signal for developers and founders is Google Cloud's $30.71B quarterly revenue and $561B backlog alongside higher planned AI spending, but the article gives no API, product, or pricing detail that should make most teams change what they ship this week.
Discussion angle
Separate the stock miss from the infrastructure signal: does a $561B cloud backlog plus higher AI capex change anything for small teams choosing cloud or AI vendors, or is it just investor noise?