Alphabet falls about 13% in early US trading after earnings miss
Briefing by News4U · First published
Alphabet shares fell about 13% in early US trading, reaching roughly $280, ITHome reported. The move followed the Google parent's quarterly earnings release after the previous session's close. The report, citing Reuters, attributed investor concerns to slower search-advertising growth and the rising cost of artificial-intelligence investment. It said quarterly revenue missed market expectations while capital spending increased. The price move reflects early trading rather than a final closing price; the reported earnings figures were disclosed before this session. [1]
Sources
- 谷歌 Alphabet 盘初跌超 13% 创其历史上最大单日跌幅
ITHome · · Full text