Google Earnings: Cloud Is Booming, But Can Search Deliver Amid AI Shift?
Published . Updated .
Google stock faces a Q3 earnings test amid renewed investor worries over the core internet search advertising business.
Directly affected
- GOOGL Alphabet-6.5% 30d
Named in this report.
Indirectly affected
- QQQ Invesco QQQ+1.7% 18d
Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.
- AIQ Global X Artificial Intelligence & Technology ETF-1.8% 30d
Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.
- IGV iShares Expanded Tech-Software ETF+5.6% 9d
iShares Expanded Tech-Software ETF: it holds software companies. Linked by “cloud” (software) in this story.
- MSFT Microsoft+8.4% 30d
Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
- ORCL Oracle-8.8% 30d
Oracle (prepackaged software): software firms move with business tech spending. Linked by “cloud” (software) in this story.
- AMZN Amazon.com+2.9% 30d
Amazon.com (catalog and mail-order houses): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
- CRM Salesforce-3.9% 30d
Salesforce (prepackaged software): software firms move with business tech spending. Linked by “cloud” (software) in this story.
- META Meta Platforms-7.9% 30d
Meta Platforms (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| GOOGL | +4.40% | -0.12% | base | after close | after close | after close | after close |
| QQQ | +0.56% | -2.36% | base | after close | after close | after close | after close |
| AIQ | +0.50% | -2.20% | base | after close | after close | after close | after close |
| IGV | -2.58% | -1.07% | base | after close | after close | after close | after close |
| MSFT | +0.23% | -1.36% | base | after close | after close | after close | after close |
| ORCL | -1.13% | -3.42% | base | after close | after close | after close | after close |
| AMZN | +3.64% | -2.04% | base | after close | after close | after close | after close |
| CRM | +0.35% | +3.14% | base | after close | after close | after close | after close |
| METAPrices arriving within minutes | — | — | — | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
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Google Earnings: Cloud Is Booming, But Can Search Deliver Amid AI Shift? Investor's Business Daily
Source: Investor's Business Daily
The price since 28 Oct 2026: Invesco Qqq Trust, Series 1 (QQQ) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Global X Fds (AIQ) | three days earlier | -2.20% | final price |
| Global X Fds (AIQ) | five days earlier | +0.50% | final price |
| Amazon Com (AMZN) | three days earlier | -2.04% | final price |
| Amazon Com (AMZN) | five days earlier | +3.64% | final price |
| Salesforce (CRM) | three days earlier | +3.14% | final price |
| Salesforce (CRM) | five days earlier | +0.35% | final price |
| Alphabet (GOOGL) | three days earlier | -0.12% | final price |
| Alphabet (GOOGL) | five days earlier | +4.40% | final price |
| Ishares Tr (IGV) | three days earlier | -1.07% | final price |
| Ishares Tr (IGV) | five days earlier | -2.58% | final price |
| Microsoft (MSFT) | three days earlier | -1.36% | final price |
| Microsoft (MSFT) | five days earlier | +0.23% | final price |
| Oracle (ORCL) | three days earlier | -3.42% | final price |
| Oracle (ORCL) | five days earlier | -1.13% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | three days earlier | -2.36% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | five days earlier | +0.56% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Pete Sessions sold Alphabet (GOOGL), worth $15,001 - $50,000 on 14 Sep 2026. That is 44 days before publication. Filed 18 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Alphabet (GOOGL) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 54 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Thomas H. Kean Jr sold Alphabet (GOOGL), worth $1,001 - $15,000 on 27 Aug 2026. That is 62 days before publication. Filed 12 Sep 2026. View the filing.
- Rep. Lisa McClain bought Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 30 Sep 2026. That is 28 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Michael Rulli sold Microsoft (MSFT), worth $1,001 - $15,000 on 28 Sep 2026. That is 30 days before publication. Filed 2 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar sold Microsoft (MSFT), worth $1,001 - $15,000 on 24 Sep 2026. That is 34 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Oracle (ORCL) (held by a spouse), worth $1,001 - $15,000 on 30 Sep 2026. That is 28 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Oracle (ORCL) (held by a dependent child), worth $1,001 - $15,000 on 30 Sep 2026. That is 28 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Oracle (ORCL) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 33 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Amazon Com (AMZN) (held by a spouse), worth $1,001 - $15,000 on 28 Aug 2026. That is 61 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Amazon Com (AMZN) (held by a spouse), worth $1,001 - $15,000 on 27 Aug 2026. That is 62 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Amazon Com (AMZN), worth $15,001 - $50,000 on 26 Aug 2026. That is 63 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Invesco Qqq Trust, Series 1 (QQQ)
Companies tied to this story
- QQQ Invesco Qqq Trust, Series 1
In “Google Earnings: Cloud Is Booming, But Can Search Deliver Amid AI Shift?,” Invesco Qqq Trust, Series 1 (QQQ) is linked, with no stored direction, medium confidence. Reason on file: Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story
- AIQ Global X Fds
In “Google Earnings: Cloud Is Booming, But Can Search Deliver Amid AI Shift?,” Global X Fds (AIQ) is linked, with no stored direction, medium confidence. Reason on file: Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story
- IGV Ishares Tr
Ishares Tr (IGV) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “Google Earnings: Cloud Is Booming, But Can Search Deliver Amid AI Shift?.” Reason on file: iShares Expanded Tech-Software ETF: it holds software companies. Linked by “cloud” (software) in this story
- MSFT Microsoft
Microsoft (MSFT) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “Google Earnings: Cloud Is Booming, But Can Search Deliver Amid AI Shift?.” Reason on file: Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story
- GOOGL Alphabet
Alphabet (GOOGL) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “Google Earnings: Cloud Is Booming, But Can Search Deliver Amid AI Shift?.” Reason on file: Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story
- ORCL Oracle
In “Google Earnings: Cloud Is Booming, But Can Search Deliver Amid AI Shift?,” Oracle (ORCL) is linked, with no stored direction, medium confidence. Reason on file: Oracle (prepackaged software): software firms move with business tech spending. Linked by “cloud” (software) in this story
- AMZN Amazon Com
For “Google Earnings: Cloud Is Booming, But Can Search Deliver Amid AI Shift?,” Amazon Com (AMZN) is linked, with no stored direction, medium confidence. Reason on file: Amazon.com (catalog and mail-order houses): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story
- CRM Salesforce
For “Google Earnings: Cloud Is Booming, But Can Search Deliver Amid AI Shift?,” Salesforce (CRM) is linked, with no stored direction, medium confidence. Reason on file: Salesforce (prepackaged software): software firms move with business tech spending. Linked by “cloud” (software) in this story
Invesco Qqq Trust, Series 1 (QQQ)
On 28 Oct 2026, “Google Earnings: Cloud Is Booming, But Can Search Deliver Amid AI Shift?” is the story that connects Invesco Qqq Trust, Series 1 (QQQ) to this story.
Invesco Qqq Trust, Series 1 (QQQ) is on the page because Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story
Also listed, Global X Fds (AIQ): Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story
Price levels for Invesco Qqq Trust, Series 1 (QQQ)
AIQ traded between 61.70 and 67.40 across 19 sessions. The latest close on file is 62.94. IGV traded between 103.07 and 112.61 across 9 sessions. The latest close on file is 112.59. QQQ traded between 701.18 and 762.84 across 18 sessions. The latest close on file is 721.22.
What the saved facts support for Invesco Qqq Trust, Series 1 (QQQ)
46 out of 100
“Google Earnings: Cloud Is Booming, But Can Search Deliver Amid AI Shift?” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.