Thursday, 29 October, 2026
Burn Rate Backlash: Search Slump and AI Costs Drag Alphabet Down
By TechShots Studio
Alphabet shares tumbled following a top-and-bottom-line earnings miss driven by unexpected softness in its core search advertising revenue. Intensifying Wall Street's anxiety, aggressive AI infrastructure investments and data center capital expenditures spiked cash burn, eclipsing strong cloud growth and raising sharp doubts over the timing of tangible returns from Google's heavy AI spending.
Read full story at REUTERS