AI-Linked Stocks Fall After Alphabet Earnings Disappoint
Technology stocks slid globally as Alphabet’s earnings renewed concerns about AI profitability, while U.S. third-quarter growth topped forecasts. Nasdaq futures fell 1.3%.
By Joe StonorTechnology stocks slid across the globe after Alphabet earnings reignited worries about how companies can make money from artificial intelligence, even as U.S. growth data for the third quarter came in hotter than expected.Nasdaq futures fell 1.3% as investors honed in on a disappointi…