Google's Search Slowdown Seen Pressuring Shares Near-Term -- Market Talk
Dow Jones2026/10/29 16:321232 ET - Google's Search slowdown in the third quarter is a navigable problem, but it could weigh on shares at least through the fourth quarter, JPMorgan analysts write in a note, lowering their price target by $50 to $375. The monetization headwinds in AI Mode could respark concerns of an AI Search air pocket, the analysts write. "Search also faces tough comps & bigger FX headwinds in 4Q, & AI Mode monetization may take some time to kick in," they write. "This could keep pressure on Google shares near-term, or make them range-bound." Shares of Google parent Alphabet drop 12% to $282.57. (elias.schisgall@wsj.com)
(END) Dow Jones Newswires
October 29, 2026 12:32 ET (16:32 GMT)
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