谷歌三季度云业务营收翻番但整体业绩不及预期：营收净利双双“失守”，盘后股价大跌10%

2026-10-29 · 博泰配资

жүӢжңәжҹҘзңӢиҙўз»Ҹеҝ«и®Ҝ дёҖжүӢжҺҢжҸЎеёӮеңәи„үжҗҸ гҖҖгҖҖ科жҠҖе·ЁеӨҙи°·жӯҢзҡ„жңҖж–°иҙўжҠҘз»ҷеёӮеңәжөҮдәҶдёҖзӣҶеҶ·ж°ҙгҖӮ гҖҖгҖҖеҪ“ең°ж—¶й—ҙ10жңҲ28ж—ҘзҫҺиӮЎзӣҳеҗҺпјҢи°·жӯҢжҜҚе…¬еҸёAl

жүӢжңәжҹҘзңӢиҙўз»Ҹеҝ«и®Ҝ

дёҖжүӢжҺҢжҸЎеёӮеңәи„үжҗҸ

гҖҖгҖҖ科жҠҖе·ЁеӨҙи°·жӯҢзҡ„жңҖж–°иҙўжҠҘз»ҷеёӮеңәжөҮдәҶдёҖзӣҶеҶ·ж°ҙгҖӮ

гҖҖгҖҖеҪ“ең°ж—¶й—ҙ10жңҲ28ж—ҘзҫҺиӮЎзӣҳеҗҺпјҢи°·жӯҢжҜҚе…¬еҸёAlphabetеҸ‘еёғдәҶжҲӘиҮі9жңҲ30ж—Ҙзҡ„2026е№ҙ第дёүеӯЈеәҰиҙўжҠҘгҖӮиҙўжҠҘжҳҫзӨәпјҢAlphabet第дёүеӯЈеәҰе®һзҺ°иҗҘ收1275.77дәҝзҫҺе…ғпјҢеҗҢжҜ”еўһй•ҝ25%пјҢдҪҺдәҺеёӮеңәйў„жңҹзҡ„1282дәҝзҫҺе…ғпјӣйқһзҫҺеӣҪйҖҡз”Ёдјҡи®ЎеҮҶеҲҷдёӢпјҲNon-GAAPпјүеҮҖеҲ©ж¶Ұдёә261.70дәҝзҫҺе…ғпјҢеҗҢжҜ”дёӢйҷҚ34%пјӣж‘Ҡи–„еҗҺжҜҸиӮЎж”¶зӣҠпјҲEPSпјүдёә2.12зҫҺе…ғпјҢдҪҺдәҺеёӮеңәйў„жңҹзҡ„3.02зҫҺе…ғгҖӮ

гҖҖгҖҖи°·жӯҢCEOжЎ‘иҫҫе°”В·зҡ®жҹҘдјҠпјҲSundar PichaiпјүиЎЁзӨәпјҢзӣ®еүҚпјҢе…¬еҸёзҡ„е№ҙеҢ–иҗҘ收已иҫҫеҲ°5000дәҝзҫҺе…ғ规模пјҡвҖңжҲ‘们еңЁAIж–№йқўзҡ„жҠ•иө„жӯЈеңЁжҺЁеҠЁж•ҙдҪ“жҗңзҙўжҹҘиҜўйҮҸпјҲеҢ…жӢ¬е•Ҷдёҡзұ»жҹҘиҜўпјүзҡ„еўһй•ҝпјҢжҹҘиҜўйҮҸеҗҢжҜ”еўһй•ҝзҺҮеҲӣдёӢдәҶиҝҮеҺ»5е№ҙжқҘзҡ„жңҖй«ҳж°ҙе№і......Gemini 4 Argonе’ҢCarbonжЁЎеһӢеӨ„дәҺиЎҢдёҡеүҚжІҝзҡ„йўҶе…Ҳең°дҪҚгҖӮжҲ‘们зҡ„第дёҖж–№жЁЎеһӢAPIжҜҸеҲҶй’ҹеӨ„зҗҶиҝ‘320дәҝдёӘtokenпјҲиҜҚе…ғпјүпјҢжҜ”дёҖе№ҙеүҚзҡ„еӨ„зҗҶйҮҸеўһй•ҝдәҶ4еҖҚеӨҡгҖӮвҖқ

гҖҖгҖҖзҡ®жҹҘдјҠиҝҳејәи°ғпјҢ第дёүеӯЈеәҰпјҢи°·жӯҢдә‘иҗҘ收еўһй•ҝдәҶ103%пјҢ并вҖңзңӢеҲ°еҗ„зұ»е®ўжҲ·еҜ№жҲ‘们TPUпјҲеј йҮҸеӨ„зҗҶеҚ•е…ғпјүзҡ„ејәеҠІйңҖжұӮвҖқгҖӮGeminiеә”з”ЁзЁӢеәҸзҡ„з”ЁжҲ·ж•°е·ІиҫҫеҲ°10дәҝпјҢжҲҗдёәи°·жӯҢеҺҶеҸІдёҠеўһй•ҝжңҖеҝ«зҡ„зҺ°иұЎзә§дә§е“ҒпјӣеҗҢж—¶пјҢе…¬еҸёеңЁе…ЁзҗғиҢғеӣҙеҶ…зҡ„YouTube Musicе’ҢPremiumи®ўйҳ…з”ЁжҲ·ж•°пјҲеҗ«иҜ•з”Ёз”ЁжҲ·пјүе·ІзӘҒз ҙ1.5дәҝгҖӮ

гҖҖгҖҖи°·жӯҢдёүеӯЈеәҰдёҡз»©жҰӮиҰҒгҖӮжқҘжәҗпјҡиҙўжҠҘ

гҖҖгҖҖиҷҪ然зҡ®жҹҘдјҠеҠӘеҠӣеұ•зҺ°е…¬еҸёдёҡз»©зҡ„з§ҜжһҒдёҖйқўпјҢдҪҶдёҚеҸҠйў„жңҹзҡ„иҗҘ收е’ҢеҲ©ж¶Ұд»ӨжҠ•иө„иҖ…еӨ§еӨұжүҖжңӣгҖӮ28ж—ҘеҪ“еӨ©пјҢи°·жӯҢпјҲNasdaqпјҡGOOGLпјүиӮЎд»·ж¶Ё1.34%收дәҺжҜҸиӮЎ324.89зҫҺе…ғпјҢжҖ»еёӮеҖј3.95дёҮдәҝзҫҺе…ғгҖӮиҙўжҠҘеҸ‘еёғеҗҺпјҢи°·жӯҢзӣҳеҗҺиӮЎд»·дёҖеәҰи·Ңи¶…10%гҖӮ

гҖҖгҖҖеңЁиө„жң¬ж”ҜеҮәж–№йқўпјҢи°·жӯҢ第дёүеӯЈеәҰиө„жң¬ж”ҜеҮәиҫҫеҲ°513.6дәҝзҫҺе…ғпјҢдҪҺдәҺеёӮеңәйў„жңҹзҡ„551дәҝзҫҺе…ғгҖӮе…¬еҸёз»ҙжҢҒ2026е№ҙиө„жң¬ж”ҜеҮәйў„жңҹдёҚеҸҳпјҢиҜҘйў„жңҹеңЁз¬¬дәҢеӯЈеәҰиў«дёҠи°ғиҮі1950дәҝзҫҺе…ғиҮі2050дәҝзҫҺе…ғгҖӮ

гҖҖгҖҖеҗҢж—¶пјҢи°·жӯҢйў„и®Ўе№ҙеәҰиө„жң¬ж”ҜеҮәе°ҶеңЁ2027е№ҙи¶…иҝҮ3000дәҝзҫҺе…ғгҖӮAlphabetйҰ–еёӯиҙўеҠЎе®ҳйҳҝзәізү№В·йҳҝд»ҖиӮҜзәійҪҗпјҲAnat AshkenaziпјүеңЁиҙўжҠҘз”өиҜқдјҡдёҠиЎЁзӨәпјҡвҖңжҲ‘们дҫқ然预计2027е№ҙзҡ„иө„жң¬ж”ҜеҮәе°ҶеӨ§е№…еўһеҠ пјҢ并е°ҶеңЁз¬¬еӣӣеӯЈеәҰз”өиҜқдјҡи®®дёҠжҸҗдҫӣжӣҙеӨҡз»ҶиҠӮгҖӮвҖқ

гҖҖгҖҖи°·жӯҢзҡ„еҖҹж¬ҫйҮ‘йўқд№ҹеңЁз¬¬дёүеӯЈеәҰеӨ§е№…еўһеҠ пјҢй•ҝжңҹеҖәеҠЎд»ҺдёҖе№ҙеүҚзҡ„216дәҝзҫҺе…ғж”ҖеҚҮиҮі1251дәҝзҫҺе…ғпјҢеўһе№…зәҰдёә479%гҖӮе…¬еҸёиҗҘдёҡеҲ©ж¶Ұдёә405.8дәҝзҫҺе…ғпјҢдҪҺдәҺеёӮеңәйў„жңҹзҡ„431.9дәҝзҫҺе…ғпјҢ并еҪ•еҫ—90.7дәҝзҫҺе…ғзҡ„иҙҹиҮӘз”ұзҺ°йҮ‘жөҒгҖӮ

гҖҖгҖҖд»Ҡе№ҙ第дәҢеӯЈеәҰпјҢи°·жӯҢзҡ„жҠ•иө„з»„еҗҲжӣҫжҲҗдёәе…¬еҸёзӣҲеҲ©еўһй•ҝзҡ„жқҘжәҗпјҢе…¶жҢҒжңүAnthropicе’Ң SpaceX зӯүе…¬еҸёзҡ„иӮЎд»ҪгҖӮе…¶жҠ•иө„收зӣҠеңЁз¬¬дәҢеӯЈеәҰиҫҫеҲ°990дәҝзҫҺе…ғпјҢжҺЁеҠЁе…¬еҸёеҮҖеҲ©ж¶ҰйЈҷеҚҮгҖӮ然иҖҢпјҢиҜҘзұ»еҲ«еңЁз¬¬дёүеӯЈеәҰжӢ–зҙҜдәҶдёҡз»©пјҢеҜјиҮҙ86.6дәҝзҫҺе…ғзҡ„дәҸжҚҹгҖӮ

гҖҖгҖҖеҲҶдёҡеҠЎжқҘзңӢпјҢи°·жӯҢзҡ„дёӨеӨ§ж ёеҝғдёҡеҠЎжҳҜе№ҝе‘ҠдёҡеҠЎе’Ңдә‘дёҡеҠЎгҖӮ第дёүеӯЈеәҰпјҢи°·жӯҢдә‘дёҡеҠЎеўһй•ҝжҸҗйҖҹпјҢиҗҘ收д»ҺеҺ»е№ҙеҗҢжңҹзҡ„151.57дәҝзҫҺе…ғеўһй•ҝиҮі307.09дәҝзҫҺе…ғпјҢеҗҢжҜ”еӨ§еўһ103%пјҢеўһйҖҹй«ҳдәҺдёҠиҙўеӯЈзҡ„82%гҖӮ

гҖҖгҖҖи°·жӯҢдә‘CEO Thomas KurianеңЁе…¶йҰ–ж¬Ўе…¬ејҖеҮәеёӯзҡ„иҙўжҠҘз”өиҜқдјҡдёҠиЎЁзӨәпјҡвҖңжҲ‘们жӯЈзңӢеҲ°жқҘиҮӘAIе®һйӘҢе®ӨгҖҒиө„жң¬еёӮеңәгҖҒйҮ‘иһҚжңҚеҠЎжңәжһ„д»ҘеҸҠдјҒдёҡе®ўжҲ·зҡ„йқһеҮЎйңҖжұӮе’ҢејәеҠІеўһй•ҝгҖӮвҖқ

гҖҖгҖҖе№ҝе‘ҠдёҡеҠЎж–№йқўпјҢи°·жӯҢзҡ„е№ҝе‘ҠдёҡеҠЎиҗҘ收з”ұеҺ»е№ҙзҡ„741.82дәҝзҫҺе…ғеўһй•ҝиҮі820.12дәҝзҫҺе…ғпјҢеҗҢжҜ”еўһй•ҝ11%гҖӮз”ұе№ҝе‘ҠдёҡеҠЎеҠ дёҠи°·жӯҢи®ўйҳ…гҖҒе№іеҸ°е’Ңи®ҫеӨҮйғЁй—Ёзҡ„иҗҘ收пјҢи°·жӯҢзҡ„第дёүеӯЈеәҰжңҚеҠЎдёҡеҠЎиҗҘ收иҫҫеҲ°963.02дәҝзҫҺе…ғпјҢдёҠе№ҙеҗҢжңҹдёә870.52дәҝзҫҺе…ғпјҢеҗҢжҜ”еўһй•ҝ11%гҖӮ

гҖҖгҖҖе…¶дёӯпјҢи°·жӯҢжҗңзҙўзҡ„иҗҘ收з”ұеҺ»е№ҙеҗҢжңҹзҡ„565.67дәҝзҫҺе…ғеўһеҠ иҮі633.50дәҝзҫҺе…ғпјҢеҗҢжҜ”еўһй•ҝ12%пјҢеўһйҖҹж”ҫзј“гҖӮи§Ҷйў‘зҪ‘з«ҷYouTubeзҡ„е№ҝе‘ҠиҗҘ收д№ҹз”ұеҺ»е№ҙеҗҢжңҹзҡ„102.61дәҝзҫҺе…ғеўһеҠ иҮі112.07дәҝзҫҺе…ғпјҢеҗҢжҜ”еўһй•ҝ9%гҖӮ

гҖҖгҖҖжӯӨеӨ–пјҢеҢ…жӢ¬з”ҹе‘Ҫ科еӯҰйғЁй—ЁVerilyе’ҢиҮӘеҠЁй©ҫ驶йғЁй—ЁWaymoеңЁеҶ…зҡ„йқһж ёеҝғдёҡеҠЎйғЁй—ЁпјҲOther BetsпјүеҲҷеңЁз¬¬дёүеӯЈеәҰиҗҘ收3.72дәҝзҫҺе…ғпјҢеҺ»е№ҙеҗҢжңҹдёә3.44дәҝзҫҺе…ғгҖӮ

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