Google shares fall 10% amid ₹87,000 cr cash outflow on AI expansion

Google parent Alphabet's shares fell nearly 10% after its quarterly results for the period ended September revealed negative free cash flow of $9.07 billion (nearly ₹87,000-crore), amid its rapid AI expansion. The company's revenue rose 25% YoY to $127.6 billion but fell short of analysts' estimate of $128.2 billion. Notably, it increased its annual expenditure forecast to $205-billion in July.