{
  "id": 17140492,
  "title": "Potentially historic drop for Alphabet's stock drags US market lower",
  "url": "https://urgent.news/2026/10/29/potentially-historic-drop-for-alphabets-stock-drags-us-market-lower",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-29T23:22:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/world/20261030/potentially-historic-drop-for-alphabets-stock-drags-us-market-lower"
  },
  "original_language": "en",
  "account": "New York — A potentially historic drop in Alphabet's stock is causing the U.S. market to slide lower on Thursday, following the tech giant's revelation of weaker summer growth than analysts had anticipated. The disclosure highlights concerns over whether Alphabet's substantial investments in artificial-intelligence technology will yield positive results. The S&P 500 fell 0.6 percent, marking its first decline in four days, despite most other stocks within the index and across Wall Street trending upward. The Nasdaq composite experienced a more significant drop of 1.6 percent, while the Dow Jones Industrial Average slipped 269 points, or 0.5 percent. As one of the most influential stocks on Wall Street, Alphabet's 12.8 percent loss had it on track for its worst day since trading began over two decades ago. The company had been under pressure to meet analysts' expectations for growth, given the increasing scrutiny over its AI spending. Late Wednesday, Alphabet disclosed that it had depleted more cash during the latest quarter, as measured by free cash flow.",
  "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."
}