Google, Alphabet
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Alphabet stock heads for its worst post-earnings drop as Google's AI search draws users but earns less ad money.
Google spooked investors so badly that its stock hit a six-month low, after it revealed its AI search summaries were affecting ad revenue.
Google's latest Gemini 4 Carbon AI model boasts top benchmark scores in areas like cybersecurity and coding.
Capital expenditures hit a record $51.4 billion and free cash flow was negative $9.1 billion.
Google Search ad revenue grew 12% to $63.3 billion in Q3. Search query growth hit a five-year high, driven by AI.
Adding sponsored content in more markets could make the feature profitable.
