Nasdaq-100 futures fall over 1% as Alphabet shares sell off after earnings report: Live updates - CNBC — SkimNews
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- Nasdaq-100 futures fell more than 1% as Alphabet shares sold off after the technology company’s earnings report.
- Alphabet and Microsoft reported earnings results showing surging AI demand even as spending soared.
Why it matters: Alphabet shareholders took the immediate hit: its shares sold off after earnings and Nasdaq-100 futures fell more than 1%. The broader context was less one-directional: Bloomberg described the tech rally as stalled on mixed earnings, while Reuters highlighted surging AI demand and soaring spending at Alphabet and Microsoft.
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