Asian Shares Fall as Alphabet Earnings Miss Drags Wall St Futures Lower

Google owner Alphabet’s shares plummet on profit miss, ad slowdown

Shares in Google parent Alphabet fell more than 10 percent in after-hours trading Wednesday as the company reported lower-than-expected profit and a slowdown in its advertising business

Asian stocks fall as Google earnings reveal cash burn

The MSCI's ‌broadest index of Asia-Pacific ⁠shares outside Japan fell during morning trading, led by South Korea's KOSPI index.

Asian shares fall as Alphabet earnings miss drags Wall St futures lower

SYDNEY: Asian shares gave up earlier gains on Thursday (Oct 29) as AI-related earnings announcements prompted wildly mixed responses, raising the stakes for Amazon and Intel results due later in the day.Hefty cash burn from Alphabet sent its shares 10 per cent lower in after-hours trading, wiping nearly US$40

Asian shares fall after Alphabet earnings miss forecasts

MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.7%, while Japan's Nikkei trimmed gains to be up 0.3%.

Global Market Today: Asian shares fall as Alphabet earnings miss drags Wall St futures lower

Asian markets faced a downturn following a mix of earnings results, stirring concerns as investors await Amazon and Intel's performance. Alphabet saw its stock plunge due to weak cash flows, while Microsoft benefited from stronger-than-anticipated earnings. Despite Samsung Electronics achieving impressive operating profit growth linked to AI chip demand, its shares also slipped.

Global Market Today: Asian shares edge higher as investors assess tech earnings, Fed outlook

Nasdaq 100 Index futures dropped 0.9% and contracts for the S&P 500 slipped 0.4% as Alphabet slumped 10% in extended trading after the Google parent’s sales underwhelmed. MSCI Inc.’s Asia Pacific equities gauge climbed 0.3%, led by gains in Japan’s Nikkei 225 and South Korea’s Kospi indexes.