Stocks Slide as Tech Selloff Persists Ahead of Google Earnings | Closing Bell

Summary

U.S. stocks finished mixed, with the S&P 500 and Nasdaq lower as a big tech selloff weighed on the market while the Dow and many S&P sectors gained. Alphabet's after-hours earnings dominated the discussion, with 2026 CapEx guidance far above estimates pressuring the stock and raising ROI questions, even as suppliers like Nvidia and Broadcom were seen as beneficiaries. Super Micro and Eli Lilly were top gainers on strong outlooks, while Qualcomm fell on light guidance. AAM Holdings also dropped after hours despite beats.

• S&P 500 and Nasdaq fell while Dow rose; Russell 2000 ended lower.
• Big tech and communication services lagged; energy, materials, real estate, and health care gained.
• Super Micro and Eli Lilly were top S&P 500 gainers on strong outlooks.
• Qualcomm shares dropped after weak forward guidance.
• Alphabet's 2026 CapEx guidance came in far above Street estimates.
• Alphabet shares fell after hours as investors questioned AI spending returns.
• Nvidia and Broadcom were highlighted as Alphabet suppliers benefiting from higher CapEx.
• AAM Holdings fell after hours despite Q3 beats and Q4 revenue guidance above estimates.