Asian stocks fell on Thursday as disappointing results from Alphabet and a sell-off in Samsung Electronics weighed on tech shares. Alphabet shares slumped about 10% in after-hours trading after results missed expectations and signalled heavy AI infrastructure spending, while Microsoft gained about 3%. South Korea's KOSPI fell about 3% as Samsung Electronics (KS:005930) dropped nearly 6% despite record third-quarter earnings, on a semiconductor profit miss and no immediate details on extra shareholder returns. Samsung's mobile unit posted an 800 billion won operating loss on higher memory costs. The KOSPI had rallied nearly 7% on Wednesday after SK Hynix (KS:000660) jumped 11% on strong profit and a 100 trillion won ($75 billion) shareholder-return plan.
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GOOGLearningsartificial intelligencesemiconductorsAsia
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Related tickers and likely impact
GOOGL
▼ Likely negativeAlphabet Inc. (Class A)
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.0T |
| Close on 10/28/2026 | 325.61 |
| Change that session | +1.57% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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