# Alphabet shares fall 10% premarket after third-quarter search miss and negative free cash flow

> Original title: Alphabet falls 10% in premarket, putting it on course for its biggest ever post-earnings drop

- Source: CNBC · Technology
- Published: 2026-10-29T08:54:59.000Z
- Bad Influence: https://badinfluence.news/items/jujr60o9megpfpblyzefcw34v
- Original: https://www.cnbc.com/2026/10/29/alphabet-google-microsoft-msft-shares-today-earnings.html

## Summary

Alphabet shares fell about 10% in premarket trading after its third-quarter results. Search advertising grew 12% to $63.35 billion but missed analyst expectations, and free cash flow was negative $9.07 billion. Microsoft shares rose nearly 4% after reporting $45.2 billion in capital expenditures and positive free cash flow of $18.63 billion.

## Why it matters

The report gives the search revenue, free cash flow, and capital expenditure figures behind Alphabet's share drop, useful for comparing AI spending returns with Microsoft.