Alphabet (NASDAQ:GOOGL) Shares Gap Down on Disappointing Earnings

Alphabet (NASDAQ:GOOGL) Shares Gap Down on Disappointing Earnings

Alphabet (NASDAQ:GOOGL) Shares Gap Down on Disappointing Earnings

Oracle Stock Pulls Back as Alphabet Earnings Weigh on AI Shares

Oracle (NYSE: ORCL) shares slipped 3% to $140.36 in early premarket trading Thursday, reversing some of Wednesday's Investor Day-driven advance as AI-related tech stocks weakened amid investor disappointment over Alphabet's third-quarter earnings. Google's parent company's shares dropped roughly 10% in extended trading after its quarterly revenue and adjusted earnings missed Wall Street expectations.Visit Website

In just two hours, investors put a $560b hole in Google and AI trade

The stock plunge of its parent company is a reminder that doubts about the boom keep building, despite signs of improving returns from Alphabet and Microsoft.

Google stock trades at $280.02, down 13.01%, with RSI oversold

Google stock has a bearish daily setup after Alphabet’s earnings, with price below its main exponential averages and the lower Bollinger band. The hourly chart confirms that bias. However, oversold RSI readings across all three timeframes complicate the outlook: they flag stretched conditions, not...

Alphabet Shares Fall 13% After Earnings as RSI Stands in Oversold Territory

Revenue rose 25% in the third quarter, while diluted earnings per share fell and free cash flow turned negative.

Alphabet Stock Has Gapped Lower After Earnings: Here’s Why and What's Next

Alphabet stock has been in a strong sell-off this month as concerns about the artificial intelligence industry continues. GOOG’s sell-off accelerated in the extended hours after the company published its quarterly earnings, which showed that its business was facing substantial challenges, raising concerns about the AI industry.  Alphabet Stock is Tumbling Amid AI Jitters There are several reasons why GOOG stock is tumbling after publishing its f…