Jim Cramer - Mad MoneyAlphabet Inc Class AGOOGLDON'T BUYOct 30, 2026

It's one of the five biggest spenders in capex on data centres. They reported misses top and bottom for the first time since late 2022. Google Search (50% of revenues) missed, and growth slowed from 17% to 12%, huge. The street fears AI will eat into their core ad business. He fears there's no solution to this problem--and Alphabet didn't notice it themselves. Google Cloud was the only bright spot, but to maintain growth they have to keep spending--it will raise capex spending in 2027. Free cash flow was negative. GOOGL shares were hammered yesterday, -12.6%.