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Alphabet shares tumble 10% as search slowdown overshadows cloud boom; Nasdaq falls over 1%

By ChordNews · First written (updated )

Asia stocks mixed as Alphabet, Samsung results disappoint; more tech earnings loom
Image: investing.com
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Summary

Alphabet shares fell about 10% after its earnings showed a slowdown in its search unit that overshadowed a boom in its cloud business, according to Investing.com. Asian stocks were mixed as Alphabet and Samsung results disappointed, with more tech earnings still to come. Another Investing.com report says the Nasdaq closed more than 1% lower as the post-earnings slide in Alphabet weighed on the AI trade.

Timeline

  1. Investing.com

    Source ↗

    Investing.com reports that Asian stocks were mixed as Alphabet and Samsung results disappointed, with more tech earnings looming.

  2. Investing.com

    Source ↗

    Investing.com reports that Alphabet shares tumbled 10% as a slowdown in its search unit overshadowed a cloud boom.

  3. Investing.com

    Source ↗

    Investing.com reports that the Nasdaq closed over 1% lower as a post-earnings slide in Alphabet weighed on the AI trade.

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