Glancy Prongay Wolke & Rotter LLP said on Aug. 28, 2026, that it continues investigating Alphabet Inc. on behalf of investors over possible federal securities law violations after reports that Google was months behind on its Gemini 3.5 Pro flagship AI model and after second-quarter results showed a sharp rise in planned 2026 capital spending and negative free cash flow. On July 16, 2026, Bloomberg reported the delay and disappointing training-data updates; Alphabet shares fell $16.40, or 4.4%, to close at $353.81. On July 22, Alphabet raised expected full-year 2026 capital expenditures to $195 billion–$205 billion, reported $5.9 billion of negative free cash flow for the quarter, and said wider use of third-party capacity in the third quarter would create modest near-term margin pressure; the stock fell as much as 7% in intraday trading on July 23, while an earlier Pomerantz notice cited a $23.57, or 6.89%, drop to $318.34 at the close. Pomerantz LLP is separately investigating Alphabet as well as Pegasystems, Shutterstock and Albertsons after company-specific setbacks and share declines, and has directed investors to Danielle Peyton; Glancy directed inquiries to Charles Linehan.