// AI news · 2026-10-29 · Guardian Tech
Alphabet Profit Slips, Shares Fall
Alphabet's Q3 net profit fell 25% to $26.2bn, below expectations.
Published 2026-10-29 07:39 (Beijing time)Source Guardian TechAuto-summarised, fact-checked against source
01Summary
Revenue rose 25% to $127.6bn, driven by Google Cloud growth and TPU chip sales. Capital expenditures hit $51.4bn, with plans for $195–205bn in 2026. A $8.7bn loss on equity investments, mainly from SpaceX, widened the operating gap to $9.1bn. AI model token processing increased fourfold to 32bn per minute.
Summarised from the original article by an open-source model, then checked automatically: every number and English name must appear in the source. The original article is authoritative.
02Key points
- Net profit down 25% to $26.2bn, below forecasts.
- Google Cloud revenue up 103% to $30.7bn, driven by TPU chip sales.
- Capex reached $51.4bn, with 2026 forecast of $195–205bn.
- Equity loss of $8.7bn from SpaceX; operating gap widened to $9.1bn.
03Source
Investors turn on Google owner Alphabet after profit miss, ad slowdown and high spending
Guardian Tech · published 2026-10-29 07:39 Beijing time
Also reported by 1 other outlet
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