AIReutersabout 2 hours ago
Alphabet Earnings Miss Drags Asian Shares
1 min read
Asian equities fell as Alphabet shares lost 10% in after-hours trading due to heavy AI spending, erasing nearly $400 billion in market value. Microsoft rose 3% on strong cash flow, while Samsung Electronics shares dropped more than 4% despite a ninefold profit increase. The MSCI Asia-Pacific index excluding Japan slipped 0.7%.
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