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Asian shares and U.S. futures were mixed after Alphabet's disappointing earnings revived concerns about whether heavy AI investment can generate sufficient returns.
Chronology
Alphabet falls 12%, putting it on course for its biggest ever post-earnings drop
Asian shares and U.S. futures were mixed after Alphabet's disappointing earnings revived concerns about whether heavy AI investment can generate sufficient returns.
- CNBC: Alphabet falls 12%, putting it on course for its biggest ever post-earnings drop
- Reuters: Alphabet stock sinks as search woes cause revenue miss, cash burn worsens
- Associated Press: Asian shares and U.S. futures are mixed after Google parent Alphabet's earnings disappoint
- Mint: Alphabet Inc. shares: Google parent stock price falls 10% post Q3 earnings | What should investors do?
- The Straits Times: Alphabet shares fall after revenue miss, cash burn worsens
- Investing.com: U.S. stocks open lower after in-line PCE data, post-earnings slide in Alphabet
Alphabet falls 12%, putting it on course for its biggest ever post-earnings drop
Asian shares and U.S. futures were mixed after Alphabet's disappointing earnings revived concerns about whether heavy AI investment can generate sufficient returns.
- CNBC: Alphabet falls 12%, putting it on course for its biggest ever post-earnings drop
- Associated Press: Asian shares and U.S. futures are mixed after Google parent Alphabet's earnings disappoint
- The Straits Times: Alphabet shares fall after revenue miss, cash burn worsens
- Mint: Alphabet Inc. shares: Google parent stock price falls 10% post Q3 earnings | What should investors do?
- Reuters: Alphabet stock sinks as search woes cause revenue miss, cash burn worsens
- Investing.com: U.S. stocks open lower after in-line PCE data, post-earnings slide in Alphabet
Alphabet’s Revenue Rises 25% as Profit Falls
The company has been spending relentlessly to build A.I.
Reporting
- Alphabet falls 12%, putting it on course for its biggest ever post-earnings drop
- Alphabet stock sinks as search woes cause revenue miss, cash burn worsens
Oct 28 (Reuters) - Google parent Alphabet reported disappointing results in the core business of search advertising and a massive acceleration in cash burn as it poured resources into building out AI.
- Asian shares and U.S. futures are mixed after Google parent Alphabet's earnings disappoint
Asian shares and U.S. futures were mixed after Alphabet's disappointing earnings revived concerns about whether heavy AI investment can generate sufficient returns. The report also noted that the Federal Reserve held interest rates steady, while Japan's Nikkei edged higher and South Korea's Kospi declined.
- Alphabet Inc. shares: Google parent stock price falls 10% post Q3 earnings | What should investors do?
Alphabet Inc. shares: GOOG shares plunged more than 10% in after-hours trading on Wednesday, 28 October, after the company missed Wall Street revenue estimates in Q3.
- Alphabet shares fall after revenue miss, cash burn worsens
The tech giant reported negative free cash flow of $11.62 billion.
- U.S. stocks open lower after in-line PCE data, post-earnings slide in Alphabet
- Alphabet’s Revenue Rises 25% as Profit Falls
The company has been spending relentlessly to build A.I. and said it would increase those investments next year. Profit dropped because of changes to the value of its investments.
- Alphabet shares tumble 7% as earnings miss overshadows cloud boom
Earlier on MacroDigest
- Alphabet falls 12%, putting it on course for its biggest ever post-earnings drop
- Alphabet falls 13%, putting it on course for its biggest ever post-earnings drop
- Alphabet falls 10% in premarket, putting it on course for its biggest ever post-earnings drop
- Alphabet falls 10% in premarket, putting it on course for its biggest ever post-earnings drop
- Alphabet stock sinks as search woes cause revenue miss, cash burn worsens
- Alphabet stock sinks as search woes cause revenue miss, cash burn worsens
- Alphabet stock sinks as search woes cause revenue miss, cash burn worsens
- Alphabet stock sinks as search woes cause revenue miss, cash burn worsens
- Alphabet stock sinks as search woes cause revenue miss, cash burn worsens
- Alphabet’s Revenue Rises 25% as Profit Falls
- Alphabet’s Revenue Rises 25% as Profit Falls
- Alphabet’s Revenue Rises 25% as Profit Falls
- Google Shares Fall 10% as Growth in Search Revenue Slows
- Alphabet’s Revenue Rises 25% as Profit Falls
- Alphabet Reports Disappointing Revenue, Income; Shares Drop
- Alphabet set to report Q3 earnings after the bell as shaky AI trade looks for signs of strength
- Alphabet set to report third-quarter earnings after the bell
- Alphabet set to report third-quarter earnings after the bell