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US tech stocks set to fall after Alphabet and Microsoft earnings fuel AI spending concerns

By ChordNews · First written (new coverage , updated )

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Summary

US technology stocks were set to fall, with the Nasdaq 100 expected to open 1% down, after Alphabet and Microsoft reported lower-than-expected capital expenditure, which the Financial Times reported was fuelling concerns about AI spending. Euronews reported that Asian shares and US futures were mixed on Thursday morning, weighed down by some big technology stocks after Alphabet's earnings came in lower than expected.

This continues an earlier story: S&P 500 and Nasdaq drop sharply as renewed AI doubts spark tech selloff

Later: TSX futures point lower as U.S. tech earnings fuel AI jitters · Tech stock sell-off sends US markets sharply lower after disappointing earnings

Timeline

  1. Financial Times

    Source ↗

    The Financial Times reports that US tech stocks are set to fall after Alphabet, Google's parent, and Microsoft reported lower-than-expected capital expenditure, fuelling concerns about AI spending, with the Nasdaq 100 set to open 1% down.

  2. Euronews

    Source ↗

    Euronews reports that Asian shares and US futures were mixed on Thursday morning, weighed down by some big technology stocks after Alphabet's earnings came in lower than expected.

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