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Alphabet plunges on Wall Street and Microsoft rebounds after earnings: the uneven impact of AI

TechnologyInternationalCinco Días30 s readAI summary
Image: Cinco Días

Alphabet fell more than 10% in after-hours trading, a loss of nearly $400 billion in market capitalization, after missing forecasts and posting negative free cash flow again due to its AI investments. Microsoft, by contrast, rebounded 4% after beating estimates, with Azure growing 48%. Alphabet invested $51.3 billion between July and September and spent nothing on share buybacks.

In 30 seconds

  • Alphabet fell more than 10% after hours, about $400 billion in market capitalization
  • It posted negative free cash flow of $9.1 billion, the second since its IPO
  • It invested $51.3 billion in the quarter and spent nothing on buybacks
Read the full story at Cinco Días

IASummary generated by artificial intelligence from a story by Cinco Días. It may contain errors: the original source prevails.

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