Google parent Alphabet’s shares plunge 12.6% as investors question returns from AI spending
Company reports 25% revenue growth, but quarterly infrastructure spending crosses $51 billion; lower advertising revenue from AI-powered Search queries adds to concerns
· 10/30/2026, 12:57:44 PM· 2 min read
Company reports 25% revenue growth, but quarterly infrastructure spending crosses $51 billion; lower advertising revenue from AI-powered Search queries adds to concerns
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