Alphabet Earnings Miss Drags Down Wall Street Futures and Asian Bourses

Disappointing results from Google's parent company pulled down Nasdaq futures, alongside a drop in Samsung shares in Seoul.

Nasdaq futures fell by more than one percent and major Asian stock indices declined following the release of disappointing earnings from Alphabet, the parent company of Google. This was reported by news agency Reuters and Israeli financial dailies Globes and Calcalist.

According to the reports, Alphabet's stock tumbled in after-hours trading following the report, driving a 1.3% drop in Nasdaq futures. Meanwhile, shares of South Korean tech giant Samsung slid roughly 5% in Seoul trading despite the firm posting record quarterly profits.

Further details regarding Alphabet's complete revenue and earnings figures have not yet been released in these reports.