US stock futures drop as Alphabet, Tesla earnings underwhelm

Investing.com-- U.S. stock index futures fell in evening deals on Tuesday, with technology stocks seeing renewed weakness after underwhelming second-quarter earnings from heavyweights Alphabet and Tesla.

Costs during the quarter rose sharply on increased expenditure on artificial intelligence and robotaxis, although the latter’s reveal was delayed to October from August.) fell 2.2% after the bell, even as its second-quarter earnings beat expectations on increased advertising sales and strong demand for its cloud services.

Losses in Alphabet and Tesla spooked the broader tech sector, which was already nursing steep losses over the past week.Wall Street indexes ended a touch lower on Tuesday amid caution over major tech earnings, while investors also grappled with uncertainty over the presidential race.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US stock futures dip after tech rebound; Alphabet, Tesla earnings loomUS stock futures dip after tech rebound; Alphabet, Tesla earnings loom
Source: Investingcom - 🏆 450. / 53 Read more »

A bullish options bet that will pay off if Tesla and Alphabet rally after earningsEarnings season is heating up, as Tesla and Google-parent Alphabet are set to report their latest results after the bell Tuesday.
Source: CNBC - 🏆 12. / 72 Read more »

Earnings playbook: Your guide to a busy week of earnings, including Alphabet and TeslaWall Street will get its first glimpse of Big Tech earnings this week.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves after hours: Alphabet, Tesla, Visa and moreThese are the stocks posting the largest moves in extended trading.
Source: nbcchicago - 🏆 545. / 51 Read more »

Stocks making the biggest moves after hours: Alphabet, Tesla, Visa and moreThese are the stocks posting the largest moves in extended trading.
Source: nbcsandiego - 🏆 524. / 51 Read more »

Nasdaq futures fall after Alphabet, Tesla report earnings: Live updatesShares of Alphabet and Tesla moved lower in extended trading after the tech giants’ quarterly earnings reports.
Source: nbcchicago - 🏆 545. / 51 Read more »