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Nasdaq, S&P 500 Record Worst Session Since 2022 Amid Tesla, Alphabet Selloff: Investor Optimism Decreases Further - Tesla (NASDAQ:TSLA)

  • The S&P 500 and Nasdaq closed at multi-week lows due to poor earnings from Tesla and Alphabet, impacting investor confidence in major tech stocks.
  • Tesla reported its lowest profit margin in over five years and missed earnings estimates, leading to a significant drop in its stock.
  • Alphabet also declined despite exceeding earnings expectations, as concerns grew over advertising growth and high capital expenses.
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BenzingaBenzinga

Nasdaq, S&P 500 Record Worst Session Since 2022 Amid Tesla, Alphabet Selloff: Investor Optimism Decreases Further - Tesla (NASDAQ:TSLA)

The CNN Money Fear and Greed index showed a decline in the overall market sentiment, with the index remaining in the “Neutral” zone on Wednesday. U.S. stocks closed lower on Wednesday, with the S&P 500 and the Nasdaq Composite recording their worst day since 2022. Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) shares fell 5% on Wednesday despite the company reporting upbeat earnings and sales results for its second quarter. Shares of Tesla Inc. (NAS…

·New York, United States
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Star AdvertiserStar Advertiser

S&P, Nasdaq end at multi-week lows with Tesla, Alphabet weighing | Honolulu Star-Advertiser

The S&P 500 and Nasdaq closed at multi-week lows today, as lackluster earnings from Tesla and Alphabet undermined investor confidence in megacap tech names that had previously driven 2024’s equity rally.

·Honolulu, United States
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The Globe & MailThe Globe & Mail

The close: S&P 500 and Nasdaq suffer biggest declines since 2022 as Tesla, Alphabet earnings spur megacap exit

TSX falls after BoC trims borrowing costs

·Canada
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DevdiscourseDevdiscourse

S&P 500 and Nasdaq Hit Multi-Week Lows Amid Investor Anxiety Over Tesla and Alphabet Earnings

S&P 500 and Nasdaq Hit Multi-Week Lows Amid Investor Anxiety Over Tesla and Alphabet Earnings The S&P 500 and Nasdaq closed at multi-week lows on Wednesday, as lackluster earnings from Tesla and Alphabet undermined investor confidence in megacap tech names that had previously driven 2024's equity rally. As the first of the Magnificent Seven stocks reported quarterly numbers, investors had been awaiting new data to see if lofty valuations were j…

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El FinancieroEl Financiero

Wall Street plummets on reports of Tesla and Alphabet: Nasdaq and S&P 500 drop more than 1%

Capital markets optimism fades, with red numbers on the boards after Tesla and Alphabet corporate reports failed to meet analysts' expectations. Wall Street, the Nasdaq loses 2.03 percent to 17,634.38 units; the S&P 500 drops 1.44 percent to 5,475.35 units; and the Dow Jones falls 0.91 percent to 39,990.96 points. Alphabet fell 5 percent after investing more resources into its efforts to outperform its rivals in artificial intelligence, resultin…

·Mexico
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