Nasdaq Falls Over 1%; Alphabet Posts Upbeat Earnings
AlphabetAlphabet(US:GOOG) Benzinga·2025-10-30 14:01

Market Overview - U.S. stocks traded mostly lower, with the Nasdaq Composite falling more than 1% on Thursday [1] - The Dow increased slightly by 0.03% to 47,644.08, while the S&P 500 dropped 0.63% to 6,847.40 [1] Company Financials - Alphabet Inc. reported third-quarter revenue of $102.35 billion, exceeding analyst estimates of $99.64 billion [2] - The company also reported earnings of $2.87 per share, surpassing estimates of $2.33 per share [2] Sector Performance - Financial shares increased by 0.5% on Thursday [1] - Communication services stocks fell by 2.3% [1] Commodity Prices - Oil prices decreased by 1% to $59.89, while gold fell by 0.6% to $3,977.50 [5] - Silver prices increased by 0.1% to $47.915, and copper prices dropped by 3.2% to $5.0955 [5] International Markets - European shares were lower, with the eurozone's STOXX 600 slipping 0.5% [6] - Asian markets closed mostly lower, with Japan's Nikkei 225 gaining slightly by 0.04% [7] Notable Stock Movements - Intensity Therapeutics, Inc. shares surged 175% to $0.7408 following the publication of clinical results [8] - Cambium Networks Corporation shares rose 85% to $5.46 after announcing integration with Starlink [8] - CPI Aerostructures, Inc. shares increased by 90% to $4.4798 after receiving an order from Raytheon [8] - CERo Therapeutics Holdings, Inc. shares dropped 82% to $0.3200 due to a Nasdaq listing denial [8] - Aditxt, Inc. shares fell 44% to $0.0643 after announcing a reverse stock split [8] - FMC Corporation shares decreased by 41% to $17.22 after lowering FY2025 earnings guidance [8]