Alphabet unveils Gemini 4 Argon. Alphabet stock sits 17.23 percent below its yearly high
Published on 10/02/2026 at 13:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Alphabet (ISIN US02079K3059) was trading at EUR 302.93 at Lang & Schwarz on October 2, 2026 at 1:02 p.m. CEST, up 0.51 percent versus the prior close of EUR 301.38. On October 1, 2026, MarketBeat reported that Google unveiled Gemini 4 Argon, a new flagship model aimed at coding, cybersecurity, finance, legal work and video understanding.
Gemini adds a fresh AI test
The model's initial rollout is restricted to selected cybersecurity organizations and internal teams, according to MarketBeat. That limit creates a measurable near-term question for Alphabet: benchmark performance must develop into broader usage before the product can contribute materially to revenue.
The announcement arrives after Alphabet's second-quarter results. NadirAlpha reports that revenue reached USD 119.8 billion in the second quarter of 2026, an increase of 24.20 percent from the year-earlier period, while operating income rose 30.00 percent to USD 40.8 billion.
Cloud growth meets spending pressure
Google Cloud revenue increased 82.00 percent to USD 24.8 billion in the second quarter of 2026, according to NadirAlpha. The contrast is important: cloud growth accelerated sharply, but quarterly free cash flow was negative USD 5.9 billion as capital spending reached USD 44.9 billion.
Alphabet's second-quarter net income was USD 112.2 billion, compared with USD 28.2 billion a year earlier. The same report attributes much of the increase to unrealized gains on equity securities, making revenue, cloud expansion and cash generation more useful operating markers than net income alone.
Results date sets the next test
Yahoo Finance lists October 28, 2026, at 4:00 p.m. EDT as Alphabet's next scheduled earnings date. Investors will have a new opportunity to compare Gemini adoption and Google Cloud demand with the cost of AI infrastructure.
Alphabet stock stays below its high
Alphabet Class A is listed on Nasdaq under ticker GOOGL. The stock's Nasdaq quote was USD 338.24 on October 1, 2026 at 4:00 p.m. ET, while the 52-week range was USD 235.84 to USD 408.61. The Lang & Schwarz euro quote therefore remains the relevant German-market reference for this article.
Alphabet's Lang & Schwarz price was EUR 302.93 on October 2, 2026 at 1:02 p.m. CEST, plus 0.51 percent versus the prior close of EUR 301.38. The further course of trading is shown by the continuously updated real-time quote of Alphabet stock.
Alphabet stock facts
- Company: Alphabet Inc.
- ISIN: US02079K3059
- Ticker: GOOGL
- Primary exchange: Nasdaq
- Price Lang & Schwarz as of October 2, 2026, 1:02 p.m. CEST: EUR 302.93
- Change versus prior close: plus 0.51 percent
- Prior close Lang & Schwarz October 1, 2026: EUR 301.38
- Market capitalization: USD 4.1 trillion as of October 1, 2026
- 52-week range: USD 235.84-408.61 as of October 1, 2026
- Sector / Industry: Communication Services / Internet Content and Information
- Next earnings date: October 28, 2026
