A historic drop for Alphabet's stock drags the US market lower
Alphabet, the parent company of Google and YouTube, experienced its worst trading day ever on Thursday, with its stock falling more than 12 percent. The drop was triggered by weaker-than-expected growth reported for the summer. Alphabet's decline was the primary driver of broader losses in the US stock market on Thursday. The sell-off has also unsettled other technology stocks, with futures for Amazon, Intel, and the Nasdaq index also moving lower.
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National story. 37 articles from 19 sources. Updated 2h ago.
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A historic drop for Alphabet's stock drags the US market lower
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11 sourcesA potentially historic drop for Alphabet’s stock drags US market lower
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The story so far
2 developments- Oct 29A historic drop for Alphabet's stock drags the US market lower
- Oct 30Nasdaq futures sink 2.3% as Amazon, Intel and Alphabet send AI jitters through stocks
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