Google lost almost 500 billion dollars in one day after the publication of the quarterly report Alphabet shares fell by 12.6%. Despite 25% revenue growth, investors were concerned about huge spending on AI and a slowdown in Google's advertising business. During the third quarter, the company spent $51.4 billion on capital expenditures, mostly on servers and data centers. Free cash flow was negative ($9.1 billion). Investments of 195-205 billion dollars are planned for the entire year 2026, and in 2027 the expenses will increase even more. At the same time, Google Cloud's revenue doubled to $30.7 billion. However, search revenue growth slowed to 12%, and Google admitted that AI-mode queries still monetize worse than traditional search. At the same time, in Finland, the authorities suspended preparatory work at two Google sites for new data centers.

Google lost almost 500 billion dollars in one day after the publication of the quarterly report Alphabet shares fell by 12.6%. Despite 25% revenue growth, investors were concerned about huge spending on AI and a slowdown in Google's advertising business. During the third quarter, the company spent $51.4 billion on capital expenditures, mostly on servers and data centers. Free cash flow was negative ($9.1 billion). Investments of 195-205 billion dollars are planned for the entire year 2026, and in 2027 the expenses will increase even more. At the same time, Google Cloud's revenue doubled to $30.7 billion. However, search revenue growth slowed to 12%, and Google admitted that AI-mode queries still monetize worse than traditional search. At the same time, in Finland, the authorities suspended preparatory work at two Google sites for new data centers.