GOOGL is trading at $322.39, down 3.2% in pre-market after Alphabet's massive 2026 AI spending plans overshadowed a Q4 earnings beat.
- Alphabet beat Q4 expectations with revenue of $113.83 billion and EPS of $2.82, driven by an 18% surge in revenue and a 30% jump in net income.
- The sell-off followed a projected 2026 CapEx of $175-$185 billion—nearly double 2025 levels—and a miss in YouTube ad revenue ($11.38B vs. $11.84B forecast).