MOUNTAIN VIEW, CA - MAY 18: Google CEO Sundar Pichai speaks during Google I/O 2016 at Shoreline Amphitheatre on May 19, 2016 in Mountain View, California. The annual Google I/O conference is runs through May 20. (Photo by Justin Sullivan/Getty Images)
Google CEO Sundar Pichai.
  • Alphabet stock fell as much as 10% on Wednesday after the company's third-quarter earnings report.
  • The parent company of Google reported Cloud revenue that fell below analyst expectations.
  • Here's how Wall Street analysts are reacting to Alphabet's third-quarter earnings report.

Alphabet stock fell as much as 10% on Wednesday after investors reacted to the company's third-quarter earnings results.