Wall Street hammered Alphabet for an earnings miss that included weaker-than-expected revenue out of the company's core business. Alphabet misses third-quarter profit and revenue estimates as AI spending drives $9.07 billion in cash burn, sending shares down over 10% after hours. Alphabet’s revenue grew 25 per cent and Google Cloud sales more than doubled, but an earnings miss and $9.07 billion in negative free cash flow rattled.