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Stock market today: Alphabet sell-off drags Nasdaq futures as AI worries return

Stock market today: Alphabet sell-off drags Nasdaq futures as AI worries return

Photo: CoinCentral

TLDR Alphabet shares fell more than 10% in premarket trading after a third-quarter miss. Dow futures rose 0.3%, while S&P 500 futures fell and Nasdaq futures dropped 1.3%. Microsoft gained after Azure cloud growth hit 48% and revenue beat forecasts. Samsung’s chip profit missed estimates, and Nvidia, AMD and Micron fell. Fed Chair Kevin Warsh doubted that higher rates would spare AI spending. US stock futures split on Thursday as Alphabet fell sharply after its third-quarter earnings. Dow futures rose while Nasdaq futures dropped. Dow Jones futures gained 0.3%.

Source: CoinCentral

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