Stock market today: Alphabet and AMD weigh on a mixed Wall Street following their profit reports

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Stock market today: Alphabet and AMD weigh on a mixed Wall Street following their profit reports

//business-finance.news-articles.net/content/202 .. -wall-street-following-their-profit-reports.html

Published in Business and Finance on Wednesday, February 5th 2025 at 14:00 GMT by MSN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Google's parent company and other tech stocks are weighing on a mixed Wall Street Wednesday as the focus swings back toward how much profit businesses are making. The S&P 500 rose 0.1% in afternoon trading.

165x110/4136 Bytes

The article from MSN discusses the performance of Wall Street following earnings reports from major companies like Alphabet and AMD. Alphabet's stock fell after reporting lower-than-expected ad revenue, despite beating earnings estimates, which negatively impacted the broader market sentiment. Similarly, AMD's shares dropped after their earnings call, where they provided a less optimistic outlook for the current quarter, citing weaker demand in some sectors. This led to a mixed day on Wall Street, with the Dow Jones Industrial Average slightly up, while the S&P 500 and Nasdaq experienced declines. The market's reaction was also influenced by broader economic indicators, including concerns over inflation and potential interest rate changes, contributing to a cautious investor approach.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/stock-market-today-alphabet-and-amd-weigh-on-a-mixed-wall-street-following-their-profit-reports/ar-AA1yqJze ]