Nasdaq Falls Over 1%; Alphabet Posts Upbeat Earnings
1. GOOG reported Q3 revenue of $102.35 billion, beating estimates of $99.64 billion. 2. Earnings per share for GOOG reached $2.87, surpassing predictions of $2.33. 3. Communication services stocks dropped 2.3%, affecting market sentiment. 4. Nasdaq fell 1.13% amid broader market declines, impacting tech stocks. 5. Financial shares increased 0.5%, contrasting with losses in tech sectors.