Nasdaq Drops 365 Points Following Alphabet Earnings Report

AI-summarized · Neutrality-checked

The Nasdaq Composite fell 1.4% to 26,184 on Thursday as Alphabet shares dropped 12.6% following a quarterly earnings miss. Alphabet reported earnings of $2.67 per share on $127.6 billion in revenue, missing analyst expectations, while also reporting a significant rise in long-term debt to $125.1 billion to fund artificial intelligence initiatives.…

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