{
  "id": 17118167,
  "title": "A potentially historic drop for Alphabet's stock drags US market lower",
  "url": "https://urgent.news/2026/10/29/a-potentially-historic-drop-for-alphabets-stock-drags-us-market-lower-17118167",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-29T20:42:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/world/20261030/a-potentially-historic-drop-for-alphabets-stock-drags-us-market-lower"
  },
  "original_language": "en",
  "account": "NEW YORK — A potentially historic drop for Alphabet's stock is sending the U.S. market into decline on Thursday. This follows the tech giant, responsible for Google and YouTube, reporting weaker growth for the summer than analysts anticipated. The report has heightened concerns over whether Alphabet's substantial investments in artificial intelligence technology will yield positive results. The S&P 500 experienced a drop of 0.6 percent, marking its first loss in four days, despite the majority of stocks within the index and across Wall Street trading higher. The Nasdaq composite fell by 1.6 percent, while the Dow Jones Industrial Average slipped 269 points, or 0.5 percent. Alphabet, being one of the most influential stocks on Wall Street due to its large size, witnessed a 12.8 percent loss, putting it on track for its worst day since beginning trading over 20 years ago. The company had been under pressure to meet or exceed analysts' expectations for growth, given the substantial investments it's making in AI. Late Wednesday, Alphabet disclosed that it had depleted more cash during the latest quarter, according to a metric known as free cash flow, according to a source.",
  "summary": "NEW YORK — A potentially historic drop for Alphabet’s stock is dragging the U.S. market lower Thursday after the company behind Google and YouTube reported weaker growth for the summer than analysts expected. The report underscored worries about whether all its huge investments in artificial-intelligence technology will pay off. The S&P 500 fell 0.6 percent toward its first loss in four days,…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "MarketWatch Top",
        "title": "Alphabet’s stock just triggered a ‘death cross.’ Could the worst of the selloff be over?",
        "url": "https://urgent.news/2026/10/29/alphabets-stock-just-triggered-a-death-cross-could-the-worst-of-the",
        "published": "2026-10-29T19:09:00.000Z"
      },
      {
        "outlet": "Seeking Alpha News",
        "title": "SA Asks: Is Alphabet's stock a buy after the sell-off?",
        "url": "https://urgent.news/2026/10/29/sa-asks-is-alphabets-stock-a-buy-after-the-sell-off",
        "published": "2026-10-29T19:15:09.000Z"
      },
      {
        "outlet": "Quartz",
        "title": "5 major single-day stock drops of 2026, from Alphabet to IBM",
        "url": "https://urgent.news/2026/10/29/5-major-single-day-stock-drops-of-2026-from-alphabet-to-ibm",
        "published": "2026-10-29T21:00:59.000Z"
      },
      {
        "outlet": "Fortune",
        "title": "Alphabet’s stock has worst day in over 20 years, dragging the S&P 500 to first loss in four days",
        "url": "https://urgent.news/2026/10/29/alphabets-stock-has-worst-day-in-over-20-years-dragging-the-s-p-500",
        "published": "2026-10-29T21:32:36.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}