Alphabet plunges 11% on negative free cash flow as Microsoft rises post-earnings
lilyraynyc · x · 2026-10-29
Alphabet fell 11% premarket—on track for its worst post-earnings reaction since its 2004 IPO—with Q3 free cash flow of -$9.07B vs -$2.7B expected, while keeping 2026 capex guidance at $195–205B. Google claims AI drives the highest query growth in 5 years, which SEO critics call artificial query inflation. Microsoft, with $45.2B capex (below the $50.67B expected) and positive $18.63B FCF, rose 4%.
Related event: Alphabet Misses on Revenue and EPS, Wiping Out ~$500B in a Day(43 posts)→
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