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The Law Offices of Frank R. Cruz announces an investigation of Alphabet Inc. (“Alphabet” or the “Company”) (NASDAQ: GOOG) on behalf of investors concerning the Company’s possible violations of federal securities laws.
What Is The Investigation About?
On July 16, 2026, Bloomberg news reported that Alphabet’s Google is “months behind schedule on delivering Gemini 3.5 Pro, its most powerful flagship AI model” due to the Company’s ongoing coding efforts. Specifically, “[l]ate last month, Google updated the data being used to train Gemini in an attempt to improve [its] skills, but the results were disappointing.”
On this news, Alphabet’s stock price fell $16.40, or 4.4%, to close at $353.81 per share on July 16, 2026, thereby injuring investors.
Then, on July 22, 2026, Alphabet released its second quarter 2026 financial results, announcing, among other things, a significant expansion of expected full year 2026 capital expenditures to $195 billion to $205 billion. The Company also disclosed that, for the quarter, it had a negative free cash flow of $5.9 billion. The Company further disclosed that “given the supply constrained environment, we plan to expand the use of third-party capacity in Q3 as a bridging strategy,” however this “will create modest margin pressure in the near term.”
On this news, Alphabet’s stock price fell as much as 7% during intraday trading on July 23, 2026, thereby injuring investors further.
If you suffered a loss on your Alphabet Inc. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.
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