Saturday, 31 October 2026US news with a European angle · Updated 12:16 UTC
The Daily News

Home / Tech & AI

Tech & AI

Alphabet shares sink after Q3 earnings, software stocks tumble

Published · Summary by The Daily News

Alphabet stock fell about 12% Thursday after third-quarter earnings failed to impress investors, and NBC News reported its worst day ever, with roughly $500 billion in value lost. Software stocks also dropped after outlooks from ServiceNow and Fortinet, which fell 25% and 21%, further heightening investor jitters about AI.

Read the original reporting

This summary is written in our own words with the help of AI from the sources above. Please read the original reports for full detail. Spotted a mistake? Write to [email protected].

More in Tech & AI

Report: OpenAI plans to buy Google's AI chips

The Information reported that OpenAI plans to buy Google's tensor processing units, a move that could reduce its reliance on Nvidia. No terms were disclosed.

28 Oct 2026 · The Motley Fool