{"id":949719,"date":"2026-10-28T19:12:14","date_gmt":"2026-10-28T19:12:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/949719\/"},"modified":"2026-10-28T19:12:14","modified_gmt":"2026-10-28T19:12:14","slug":"google-to-report-q3-results-as-investors-focus-on-ai-growth-weigh-meta-muse-ai-risk","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/949719\/","title":{"rendered":"Google to report Q3 results as investors focus on AI growth, weigh Meta Muse AI risk\u00a0"},"content":{"rendered":"\n

Google (GOOG<\/a>, GOOGL<\/a>) will report its third-quarter earnings after the bell on Wednesday, just hours after the company debuted its latest frontier AI model. <\/p>\n

Google says the new model called Gemin 4 Carbon outpaces even its Gemini 4 Argon, which it released just two weeks ago. Carbon, the company says, also beats out competing models including OpenAI’s GPT-6 Astra and Anthropic’s Claude Opus 5.5. <\/p>\n

Investors on Wall Street, meanwhile, have been vacillating between concern and exuberance about the future of AI and whether hyperscalers’ vast investments in the technology will pay off. <\/p>\n

Those fears came into focus last week, as traders dumped shares of CoreWeave<\/a> over questions about its massive debt load, sending large swaths of the market lower. <\/p>\n

For the third quarter, analysts anticipate Google will report earnings per share of $3.01 on revenue of $127.8 billion. Revenue excluding traffic acquisition costs is expected to come in at $111.2 billion. <\/p>\n

Google’s advertising segment is projected to see sales of $83.5 billion, while its cloud unit could see revenue jump 91% to $28.9 billion. <\/p>\n

Google stock rose 1% during premarket trading on Wednesday, ahead of its earnings release. <\/p>\n

\"Google<\/a> CEO Sundar Pichai addresses the crowd during Google’s annual I\/O developers conference in Mountain View, California on May 20, 2025. (Photo by Camille Cohen \/ AFP) (Photo by CAMILLE COHEN\/AFP via Getty Images) \u00b7 CAMILLE COHEN via Getty Images <\/p>\n

The company could also book significant revenue on the sale of its custom Tensor Processing Units (TPUs) to third-party data centers. On Tuesday, Oracle announced<\/a> that it will be the first company to purchase Google’s AI processors for use in its own data centers. <\/p>\n

“Near-term, we think TPU sales-driven upside, a competitive agentic offering, and broader Gemini 4 launch could be catalysts,” BofA Global Research analyst Justin Post wrote in an investor note. <\/p>\n

322.00 +5.17 (+1.63%) <\/p>\n

As of 3:11:23 PM EDT. Market Open. <\/p>\n

According to TD Cowen analyst John Blackledge, Google is expected to generate $9.4 billion in TPU sales in the second half of 2026. That, he wrote, could increase to $62.5 billion in 2027 and 138 billion in 2028. <\/p>\n

But Google is also facing increasing competition from Meta thanks to its new Muse AI agent<\/a>. According to Meta CEO Mark Zuckerberg, 10 million people have set up Muse, with the majority of users accessing the app for shopping. <\/p>\n

If Muse continues to expand its user base and gain ground in online sales, it could prove to be a long-term threat to Google. <\/p>\n

“Search usage [and] growth is back in focus given Muse launch and challenges Google could face in migrating users to agentic while maintaining strong monetization,” Post wrote. <\/p>\n

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Email Daniel Howley at dhowley@yahoofinance.com<\/a>. Follow him on X at @DanielHowley<\/a>. <\/p>\n

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