Earnings Snippet: Finding the Search Issue at Google -- WSJ
Dow Jones2026/10/29 09:24By Erin Woo
Google's revenue from search advertising grew more slowly in the third quarter. Search revenue grew 12% year-over-year, compared with 17% growth in the second quarter and 19% growth in the first quarter.
During a conference call with investors and analysts, Philipp Schindler, Google's chief business officer, said search queries were growing at the fastest rate in five years as users embraced the new "AI Mode" search. But queries in that mode were monetized at a lower rate than in traditional search, he said, adding that the company is expanding AI mode monetization now. Read more here.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
October 29, 2026 05:24 ET (09:24 GMT)
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