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Alphabet, AMD earnings spark drop in stock market at Wednesday open

Cs news6 months ago06 mins

U.S. stocks opened weaker as investors pushed aside tariff worries and refocused on earnings and artificial intelligence. The tech-heavy Nasdaq and S&P 500 were weighed by big tech. Google parent Alphabet beat quarterly earnings estimates after Tuesday’s close, but its overall sales and Google Cloud revenue both were weaker than analysts’ forecasts. However, it said…

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