| Mobile Web

Alphabet earnings miss signals AI may be encroaching on its search business

Alphabet showed slower growth in its core search business in third-quarter results, with search and other revenue rising 12 percent to about $63 billion but missing expectations for a second straight quarter. Alphabet cited exchange rates as the biggest factor and warned currency headwinds could increase in the fourth quarter. The stock fell about 10 percent after hours. Google Cloud revenue more than doubled to about $31 billion, while Alphabet maintained its 2026 capital spending outlook.