Tech slides: Alphabet plunges 12.6% after third-quarter earnings
FROM THE WIRE · FINANCE.YAHOO.COM
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Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishA mega-cap plunge after earnings weighs on the tech sector and indices.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Alphabet fell 12.6% on Thursday, its worst single-day performance.
- 02Search advertising was sluggish despite accelerating demand for AI services.
- 03Citizens downgraded the stock to Market Perform.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Alphabet Inc.279.15 USDMarket closedtoday -1.65%Negative Amazon.com, Inc.239.74 USDMarket closedtoday -1.66%Negative Intel Corp.64.40 USDMarket closedtoday -30.05%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets