Investing.com - Alphabet posted negative free cash flow of $9.07 billion in the third quarter, its second consecutive quarter of cash burn, sending GOOGL shares down more than 10% in premarket trading on Thursday and pulling neocloud stocks sharply lower. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list » Nebius, CoreWeave, and are the most direct proxies for AI infrastructure spending sentiment, and all three fell in sympathy before Thursday's open — NBIS by 6.5%, CRWV by 6.1%, and IREN by 4.8%. Alphabet's Q3 results were worse-than-expected. Revenue came in at $127.6 billion against a consensus estimate of $128.2 billion, while EPS of $2.
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