Alphabet's AI Search Concerns Likely to Cast Near-Term Shadow Over Stock -- Market Talk
Dow Jones2026/10/29 10:231023 GMT - Alphabet's slower-than-hoped monetization of its artificial intelligence-powered search engine will hang over the stock in the near term, KeyBanc Capital Markets' Justin Patterson and Sergio Segura write. Revenue from the Google-parent's services business--which includes search--lagged market expectations in the third quarter. The print reinforced concerns the analysts had going into the earnings, they say. The disappointing search revenue could cast a shadow over the next one to two quarters "as investors await signs for whether this is transitory or structural," they say. Alphabet shares fall more than 10% premarket. (josephmichael.stonor@wsj.com)
(END) Dow Jones Newswires
October 29, 2026 06:23 ET (10:23 GMT)
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