Alphabet's Earnings Miss Triggers Significant After-Hours Stock Drop

AI-generated NewsSnap summary based on source reporting.
Published: 2026-10-29T22:04:00Z
Category: business
Source: Stock Market Today (via CNBC, StockTitan)

Alphabet's shares experienced a substantial decline in after-hours trading on Thursday, October 29, 2026, following its third-quarter earnings report which revealed that the company's spending outpaced its cash generation. This disappointing performance contributed to a broader tech selloff, with Nasdaq-100 futures down by 1.5% at 6:04 p.m. ET (22:04 UTC).

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