Oct 30, 2026

Alphabet stock fell 12.6% on Thu, Oct 29 as AI spending burned $9B in cash

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Alphabet stock fell 12.6% on Thu, Oct 29, its worst day on record, after Q3 free cash flow came in at minus $9.07 billion and search revenue growth missed forecasts. The S&P 500 slipped 0.3% and the Nasdaq fell 1.4%.

Sir Toastimir