The Straits Times·Business

Alphabet revenue miss revives Wall Street AI spending fears

Summarised by Spiced Kopi · 29 October 2026, 21:09 UTC ·12 sec listen

United States stocks ended lower after Alphabet reported revenue below expectations, renewing investor worries about heavy spending on artificial intelligence. The Dow Jones Industrial Average slipped 132.54 points, or 0.25 percent, to 52,342.56 at the close.

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