Alphabet missed Q3 expectations on earnings and revenue, its first top-and-bottom-line miss in nearly four years.
Alphabet sinks 10% as it holds 2026 capex unchanged, expects significant increase in 2027
Source: CNBC
Original reporting
CNBC: read the full reportRelated stories
CNBC
Microsoft stock jumps 4% as cloud growth drives earnings and revenue beat
Microsoft reported better-than-expected results driven by 48% growth in Azure revenue.
CNBC
FedEx beats expectations, raises outlook in first report since calendar adjustment
FedEx on Wednesday beat Wall Street expectations on the top and bottom lines for the third quarter of its newly aligned fiscal year.
CNBC
Chipotle shares rise 7% after CEO says same-store sales growth will continue
For the first time this year, low-income consumers during the quarter outperformed the high-income cohort at its restaurants, CEO Scott Boatwright said.
CNBC
Apple brings touch to the Mac, reversing years-old stance on touchscreen laptop
Apple announces a new touchscreen laptop, the company's third major launch under new CEO John Ternus.
CNBC
Nvidia's $12.9 billion Hugging Face deal draws DOJ scrutiny
Nvidia faces DOJ inquiry over its $12.9 billion purchase of Hugging Face.
CNBC
DoorDash's deal to buy Instacart coming as early as Thursday morning, sources tell CNBC
Speculation of a deal has swirled since last week, and several outlets reported the acquisition could value Instacart at roughly $17 billion.