UCapital NewsBusiness Super App · news connected to data, companies, people and deals
IT
VoicesWire
LIVE
BREAKING LIVE

The news moving markets, right now

From international newswires in real time. For every story the News Impact AI agent estimates the market impact and flags the assets to watch, with the story’s impact on each: positive, negative or neutral.

STORIES TODAY
603
via finance.yahoo.comMarkets

Wall Street tech rout deepens on doubts over AI spending

FROM THE WIRE · FINANCE.YAHOO.COM

Google-parent Alphabet shares plunged 12 percent on Thursday, their worst day since the internet search giant went public in 2004 (ANDREJ IVANOV) Shares in US tech giants were pummeled on Friday, capping a week of earnings results that raised questions on Wall Street about…

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishThe selloff in mega-cap tech over the sustainability of AI spending can move the whole sector and the Nasdaq.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Shares of US tech giants were pummeled on Friday after a week of quarterly earnings.
  2. 02Microsoft, Alphabet and Amazon all signaled they would keep pouring money into data centers and chips.
  3. 03Alphabet shares plunged 12 percent in one day, their worst since its 2004 IPO.
  4. 04Together with Meta, the four companies are on track to spend more than $700 billion on capex this year.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Alphabet Inc.GOOGLStock280.79 USD-0.05%today -1.07%Negative Microsoft CorporationMSFTStock521.74 USD-0.09%today -1.58%Negative Amazon.com, Inc.AMZNStock238.99 USD-0.07%today -1.97%Negative Meta Platforms, Inc.METAStock620.20 USD-0.59%today -0.69%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

ALL BREAKING TODAY

Breaking live stories come from third-party newswires via feed; headline and summary belong to the stated source. Impact analysis: UCapital AI · News Impact.

UCapital News is the news section of UCapital24 S.p.A. All content is for information purposes only and does not constitute financial advice, a recommendation or a solicitation to invest. Even where terms such as “buy”, “sell”, “bullish” or “bearish”, or asset impact signals, appear, they only indicate the possible effect of a news item on the markets and are not an invitation to buy or sell financial instruments. News is analysed with UCapital AI and may also be published via API feeds from third-party providers, to give our users a continuous flow of news. UCapital24 S.p.A. accepts no liability of any kind for decisions made on the basis of this content. Wire releases are published by companies and are not verified by the newsroom.

AI use policy. UCapital AI supports the newsroom with news analysis, summaries, market reactions, translations and the generation of cards and charts. AI-generated or AI-assisted content is labelled in the byline (AI Desk, a named AI profile marked «AI», or joint byline) and is reviewed by editors before publication. News received via API feeds from third-party providers is attributed to the original source. AI can make mistakes: report any inaccuracies to the newsroom. Users’ personal data is not used to train the models.