Stock market news today: Nasdaq tumbles as Google slides, Microsoft jumps after earnings

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The Google parent's cloud business fell short in its earnings, spreading some gloom for megacaps already under pressure from rising yields.

Other megacaps lost ground as the mixed picture sapped some faith in big techs, which have powered gains in stocks this year. Amazon -- Bank of America Corp.’s Jim DeMare warned of the knock-on effects of short-term Treasury yields at 5% and said higher interest rates are having a “dramatic change” on the biggest global industry trends.

No evidence of misconduct or fraud found beyond instance previously reported1 No findings identified that impact data integrity Company believes audit findings support reliability of positive TRANQUILITY II trial data and potential sNDA submission NEW HAVEN, Conn., Oct. 25, 2023 -- BioXcel Therapeutics, Inc.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Stock market news today: Nasdaq, S&P 500 futures fall as Alphabet casts cloudThe Google parent's cloud business fell short in its earnings, spreading some gloom for megacaps already under pressure from rising yields.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market news today: Nasdaq slides after mixed big tech resultsThe Google parent's cloud business fell short in its earnings, spreading some gloom for megacaps already under pressure from rising yields.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Microsoft stock jumps on revenue, earnings beatsMicrosoft reported its Q1 earnings after the bell on Tuesday, beating on the top and bottom lines.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Microsoft stock jumps after revenue, earnings beatsMicrosoft shares rose after the tech giant's quarterly earnings beat on the top and bottom lines.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Microsoft, Google, Meta, Amazon: Earnings reports to watchEarnings season is well underway and big tech is in the spotlight. Microsoft (MSFT) and Google (GOOG,GOOGL) are set to report on Tuesday. Meta (META) is...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Nasdaq, S&P 500 futures fall as Alphabet leads retreat in mega-cap stocksGoogle-parent Alphabet slid 6.6% in premarket trading as its cloud business crawled to its slowest growth in at least 11 quarters. Microsoft, on the other...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »