Alphabet 'A'

Mixed quarterly results from the AI sector prompted caution on Asian bourses: the Topix and Kospi fell sharply, while the Nikkei rose slightly. Heavy spending at Alphabet sent its stock down about 10% in after-hours trading and trimmed its market capitalization by nearly $400 billion. Although Samsung reported record profits, its stock slipped after missing analysts' expectations; Advantest raised its profit forecast and supported the Tokyo market. Investors remain cautious ahead of further tech reports and an upcoming interest-rate decision by the Bank of Japan. » Más en handelsblatt.com

Waymo is expanding its robotaxi service to international markets including Germany, Canada, Singapore and Spain while operating in 15 major U.S. cities and adding recent public launches in San Antonio, San Diego and Tampa. Despite growth, Alphabet's Other Bets—home to Waymo—generated only $372 million in Q3 revenue (0.3% of total) while its operating loss widened to $2.05 billion as the unit continues to burn cash. Alphabet confirmed heavy AI and infrastructure investment driving negative free cash flow, and Waymo has pursued large external funding and its first debt financing to support expansion. » Más en cnbc.com

Alphabet posted Q3 revenue of $127.6 billion and adjusted EPS of $2.67, both below expectations, sending shares sharply lower and marking the firm's first simultaneous top- and bottom-line miss in nearly four years. Google Cloud doubled revenue to $30.7 billion and drove a large increase in segment operating income, while Gemini adoption and AI token usage surged. Management signaled much higher 2027 capex (above $300 billion), noted negative free cash flow of $9.07 billion this quarter, and highlighted large contractual commitments and ongoing equity sales, leaving near-term investor concerns about Search monetization and cash generation unresolved. » Más en cnbc.com