Why Is Google Stock Down Today? Negative Free Cash Flow And Weak AI Search Ads

The post Why Is Google Stock Down Today? Negative Free Cash Flow And Weak AI Search Ads appeared first on Coinpedia Fintech News

Alphabet shares fell about 10% before Thursday’s open, putting the Google owner on track for its biggest earnings-day loss since listing in 2004. A close down more than 9.77% would set that record. Investors reacted to a free cash outflow of $9.07 billion in the third quarter, far deeper than the $2.70 billion expected. Alphabet …