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Google's financial results, explained in one place!

<p>Wall Street closed sharply lower as concerns about AI competition weighed on technology stocks. Nvidia and Microsoft fell, while Alphabet and Amazon declined ahead of their earnings reports. Palantir shares rose after strong quarterly results. Walmart became the first brick-and-mortar retailer to reach a $1 trillion market value. The S&P 500 lost 59.04 points, or 0.85%, and the Nasdaq Composite dropped 336.20 points, or 1.42%. Analysts expect S&P 500 earnings to grow nearly 11% in the December quarter, despite mixed results from major companies.</p>

- Wall Street ended sharply lower as concerns over AI competition affected major software companies ahead of earnings reports from Alphabet and Amazon.  
- Walmart became the first brick-and-mortar retailer to reach a $1 trillion market value, while Palantir shares rose nearly 7% following strong results.  
- Despite these gains, the S&P 500 declined by 0.84%, driven by losses in technology sectors and healthcare companies facing sales warnings.

Reuters

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US STOCKS-Wall Street ends sharply down as traders fret about AI disruption

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