{
  "id": 17144053,
  "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-17144053",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-29T23:42:04.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "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 dip in Alphabet’s stock pushed the U.S. market down on Thursday, following the tech giant's disclosure of lower growth compared to analysts’ expectations for the summer. The revelation highlighted concerns over whether Alphabet’s massive investments in artificial intelligence would yield fruitful results. The S&P 500 dipped 0.6 percent, marking its first decline in four days, despite the majority of stocks within the index and the broader Wall Street scene showing an upward trend. The Nasdaq composite declined by 1.6 percent, while the Dow Jones Industrial Average slipped 269 points, or 0.5 percent. Alphabet, one of the most influential stocks on Wall Street due to its large size, suffered a 12.8 percent loss, bringing it close to its worst day since it began trading over two decades ago. The company had faced pressure to at least meet analysts’ expectations for growth, given the considerable spending it has committed to AI development. In late Wednesday, Alphabet reported that it had depleted more cash during the latest quarter, as indicated by the free cash flow metric.",
  "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."
}