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Google's AI search problem finally shows up in the earnings report, some investors believe

Technology · en

Google's AI search problem finally shows up in the earnings report, some investors believe

The Decoder · Oct 29, 2026, 10:16 AM UTC

Google's stock dropped as much as ten percent after its quarterly earnings. Cloud revenue more than doubled to $30.7 billion, but search revenue grew just 12 percent, slower than expected. Google acknowledged that its fast-growing AI mode brings in less revenue than traditional search, and it is now expanding its AI mode ad program internationally.…