Business & Markets
Alphabet shares fall more than 12% after results
Alphabet shares ended down more than 12 percent on Thursday after disappointing results from the Google parent added to worries about the artificial intelligence boom.
The drop in Alphabet, a major company in AI investment, weighed on all three major US stock indices. The tech-heavy Nasdaq lost 1.4 percent.
Uncertainty notes
The supplied item does not give details of Alphabet's results or specify which parts disappointed investors.
Source
AFP news report published on .