# Alphabet's Cloud Growth Costs Less to Own

> Alphabet's cloud and AI growth now cost less to own after a 10% stock drop.
- Title: Alphabet's Cloud Growth Costs Less to Own · The Motley Fool
- Summary: Alphabet's cloud and AI growth now cost less to own after a 10% stock drop. Alphabet's stock remains 150% above June 2022 price despite cloud revenue…
- Keywords: alphabet, google cloud, ai chips, search revenue, free cash flow, debt, finance, money, Alphabet's, Cloud, Growth, Costs
- Source: The Motley Fool — https://fool.com/investing/2026/10/29/alphabet-s-multiple-futures-now-cost-less-to-own
- Author: The Rule Breakers Team
- Published: 2026-10-29T16:31:01+00:00
- Read time: 1 min
- Topics: alphabet, google cloud, ai chips, search revenue, free cash flow, debt, finance, money
## Cloud Revenue Doubles
Google Cloud revenue grew 103% to $30.7 billion in the quarter.
## AI Chip Sales Surge
Alphabet sold custom AI chips to outside customers, driving cloud growth.
## Stock Drops 10%
Alphabet stock fell over 10% at Thursday's open after reporting negative free cash flow.
## Debt Rises to $125 Billion
Alphabet's long-term debt climbed to about $125 billion, nearly six times a year earlier.
## Search Revenue Slows
Google Services revenue grew 11%, down from 15% the previous quarter.
## Shareholders See Value
Investors can buy Alphabet futures for 10% less than before the report.
## Key takeaway

Alphabet's stock remains 150% above June 2022 price despite cloud revenue doubling and AI chip sales, with debt covering search slowdown costs.