Alphabet Drops 2.3% as Bloomberg Reports Gemini 3.5 Pro Delayed by Months

Alphabet (GOOGL) shares fell 2.3% on July 16, 2026, after Bloomberg reported Google's Gemini 3.5 Pro — its most powerful AI model — is delayed by months. The technology fell short of Google's own internal performance benchmarks, not regulatory or safety hurdles. Reuters and CNBC corroborated the report. Google has not publicly addressed the delay.