Alphabet shares settled at $331.10 in after-hours trading, down 3.21% from the regular session close, as the market continued digesting the Q2 FY2026 earnings report. The company raised its full-year capex guidance to approximately $205 billion (from $180-190B), reported Q2 capex of $44.9B (+100% YoY), and posted negative free cash flow of -$5.9B despite beating EPS and revenue estimates. Cloud revenue grew 82% to $24.77B, YouTube ads rose 13% to $11.06B, and Search revenue climbed 17% to $63.3B. The after-hours range saw a low of -4.69% before stabilizing.