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Alphabet earnings weigh on Asian shares and U.S. futures as Samsung also declines

  • 8 sources analyzed
  • Source mix: Web
  • Momentum: Trending

What We Know

Asian shares traded unevenly on Thursday, while U.S. stock-index futures moved lower after Alphabet, Google’s parent company, reported earnings that disappointed investors.Backed by 4 sourceslive.euronext.comstraitstimes.cominvesting.comAssociated Press Alphabet shares fell in after-hours trading, with reports attributing the reaction to a revenue miss linked to search concerns and worsening cash burn.Backed by 1 sourcesCNA

Alphabet’s roughly 10% after-hours decline was reported to have erased nearly $400 billion from its market value, while Samsung shares fell more than 4% despite the company reporting a record profit.Backed by 1 sourcesbusiness-standard.com Markets were also pricing in an approximately 80% chance of a U.S. interest-rate increase in December.Backed by 1 sourcesstraitstimes.com

Alphabet’s reported after-hours decline was linked to a loss of market value, while Samsung shares fell despite a record profit.Context from one sourcebusiness-standard.com Alphabet shares were lower in after-hours trading as investors turned to upcoming Amazon and Intel results.Context from one sourceirishtimes.com U.S. futures retreated after both Alphabet and Samsung disappointed investors.Context from one sourceswissinfo.ch

Source Comparison

Aligned reporting
5 corroborates - 3 adds context - 0 conflicts