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The Marked Chart Wire · Business
Alphabet
Alphabet shares declined following third-quarter results, reviving concerns about artificial intelligence spending. This move weighed on Nasdaq and S&P 500 futures while the Dow rose.
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Alphabet Earnings
Investors grew concerned that AI is impacting search revenue, despite a doubling of cloud income. The market reaction suggests the results may not be enough to appease Wall Street.
HotAlphabet
Alphabet stock dropped 10 percent in premarket trading after the company reported cash outflows exceeding analyst estimates. The firm kept its annual spending targets unchanged.
Alphabet
Nasdaq futures led market losses following Alphabet's earnings report, which failed to meet expectations.
HotEarnings
Microsoft stock increased following strong earnings results. Conversely, shares of Google, ServiceNow, and Fortinet declined after their respective earnings reports.
HotEarnings
Microsoft and Carvana shares rose after earnings beats, while Google and Fortinet dropped on revenue or margin misses. Sprouts and ServiceNow also declined following weaker results.
HotEarnings
Stocks of Fortinet, Sprouts Farmers Market, and ServiceNow fell sharply in after-hours trading. Alphabet shares also declined following weaker than expected revenue and profit figures.
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