StocksMediumUpdated×4•Originally published 28 October 2026•Updated 29 October 2026•
1 min read
Alphabet Search and YouTube Growth Slows Despite 103% Google Cloud Surge
Key Facts
1Alphabet shares rose on Wednesday ahead of the company's third-quarter earnings release.
2Reports suggest that OpenAI is planning to purchase Google's AI chips.
Alphabet's core Search and YouTube businesses experienced a growth deceleration during the third quarter of 2026. This slowdown occurred despite a robust 103% surge in Google Cloud revenue and a tripling of its operating profits, while overall results were weighed down by non-operational investment losses.
The financial figures released on October 28, 2026, missed estimates of $3.02 earnings per share and $128.2 billion in revenue. Alphabet closed at $320.58 on October 27, 2026, while peer stocks Microsoft and META closed at $531.33 and $620.19, respectively, on the same date.