{"id":436009,"date":"2026-08-12T03:09:16","date_gmt":"2026-08-11T20:09:16","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/us-stock-markets-sag-in-late-day-trading-as-google-continues-to-struggle-436009\/"},"modified":"2026-08-12T03:09:16","modified_gmt":"2026-08-11T20:09:16","slug":"us-stock-markets-sag-in-late-day-trading-as-google-continues-to-struggle","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/us-stock-markets-sag-in-late-day-trading-as-google-continues-to-struggle-436009\/","title":{"rendered":"US stock markets sag in late day trading as Google continues to struggle"},"content":{"rendered":"<div>\n<p>Markets continue to digest earnings reports and AI developments. The big news yesterday on the $500 billion in AI capex fundraising has added to questions about who will pay for it but it led to some nice gains for asset managers.\u00a0<\/p>\n<p>The laggard was Google as it fell another 3.5%. It continues to struggle after a shakeup last week among the top people in AI and technology. The chatter about a broken culture is gaining mometum and it has the market worried that Gemini will never catch up, even with the company touting 1 billion users today.<\/p>\n<p>The intraday action saw modest gains at the open but creeping selling as the day went on. Oil tried to sell off on Pakistani headlines about a potential deal but finished 1.6% higher on some late bids. That&#8217;s back-to-back losses in the S&amp;P 500 but I don&#8217;t think anyone is ready to hit the panic button.<\/p>\n<p>Closing changes on the main indexes:<\/p>\n<ul>\n<li>S&amp;P 500 -0.3%<\/li>\n<li>Nasdaq -0.6%<\/li>\n<li>Russell 2000 +0.4%<\/li>\n<li>DJIA -0.4%<\/li>\n<li>Toronto TSX Comp +0.1%<\/li>\n<\/ul>\n<p>In terms of the $500 billion fundraising, here is how those names did:<\/p>\n<p>Apollo and KKR were also among the top-5 stocks on the S&amp;P 500 on the day:<\/p>\n<p>At the bottom, internet advertising company AppLovin struggled:<\/p>\n<p>                            This article was written by Adam Button at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Markets continue to digest earnings reports and AI developments. The big news yesterday on the $500 billion in AI capex fundraising has added to questions about who will pay for it but&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-436009","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/436009","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=436009"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/436009\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=436009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=436009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=436009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}