The Latest Breaking News from Alphabet

Humanity at risk from AI ‘race to the bottom’, says tech expert

MIT professor behind influential letter says unchecked development is allowing a few AI firms to jeopardise society’s future

The Guardian - US · Oct 26, 2023

3 Interesting Upside Moves Wednesday on a Big Down Day

It wasn’t a good day for the markets Wednesday, with the S&P 500 down 1.4% and a 2.4% decline for the Nasdaq. Despite today’s doom and gloom, there were three stocks with interesting moves to the upside.

Barchart · Oct 25, 2023

Stocks Slump as Technology Stocks Plunge on Alphabet’s Disappointing Earnings

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -1.43%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -2.47%. Stocks on Wednesday retreated, with the S&P 500...

Barchart · Oct 25, 2023

Big Tech Losses Weigh on Overall Market as Alphabet Slumps

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.89%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.35%. Stocks this morning are moderately lower as some disappointing...

Barchart · Oct 25, 2023

Markets Today: Stocks Under Pressure as Alphabet Earnings Disappoint

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are down -0.28%, and the Dec Nasdaq 100 E-Mini futures (NQZ2 3) are down -0.53%. Stock index futures this morning are moderately lower on some disappointing technology earnings results. Alphabet is down more than -6% in pre-market trading after reporting weaker-than-expected...

Barchart · Oct 25, 2023

Nasdaq Futures Plunge as Alphabet’s Cloud Business Revenue Disappoints, Meta Earnings on Tap

December Nasdaq 100 E-Mini futures (NQZ23) are trending down -0.61% this morning as disappointing results from Alphabet’s cloud business overshadowed upbeat earnings results from Microsoft while investors looked ahead to the next round of corporate earnings.

Barchart · Oct 25, 2023

Banks face $2bn Twitter losses says report; Canary Wharf owners inject £400m – as it happened

Live, rolling coverage of business, economics and financial markets as Lloyds Banking Group says UK house prices to fall and Boeing cuts 737 Max target

The Guardian - UK · Oct 25, 2023

Snap’s stock wobbles as it yanks guidance on ‘unpredictable nature of war’

“We believe it would be imprudent to provide formal guidance for Q4,” the Snapchat parent said, although it disclosed an “internal forecast.”

Fortune · Oct 24, 2023

Google Cloud revenue misses expectations despite AI boom

Alphabet, Google’s parent company, reports stronger than expected overall revenue but stock falls in after-hours trading

The Guardian - US · Oct 24, 2023

Will Megacap Tech Earnings be the Catalyst for a Market Rally?

The markets are hoping that positive earnings results from the megacap technology companies will lift the stock market from its recent doldrums. The surge in the 10-year T-note yield to above 5% for the first time since 2007 has weighed heavily on technology stocks, with the S&P 500 ($SPX )...

Barchart · Oct 24, 2023