CEX NEWS reports that Alphabet fell more than 9% after hours. Quarterly earnings per share were $2.12, below expectations of $3.00. Capital expenditures of $51.4 billion contributed to negative free cash flow of $9.07 billion. Revenue rose 25% to $127.58 billion, losses on equity investments totaled $8.7 billion, and Google Cloud revenue grew 103% to $30.71 billion.