Top Justice Department antitrust officials have decided to ask a judge to force Alphabet Inc.'s Google to sell off its Chrome browser in what would be a historic crackdown on one of the biggest tech companies in the world.
Gabby Jones | Bloomberg | Getty Images
Asia-Pacific markets were set for another weak session as the tech sell-off turned into a rout on Wall Street, with most major indexes expected to open lower.
In the U.S., tech giant Alphabet came under pressure after reporting fourth-quarter results and flagging a sharp rise in artificial intelligence spending, with capital expenditure totaling $185 billion for 2026. Shares lost 0.5%
Qualcomm slid more than 8% after posting a weaker-than-expected forecast because of a global memory shortage.
Australia's S&P/ASX 200 showed signs of weakness, falling 1.57% in early trade.
Japan's Nikkei 225 futures pointed to a lower open. The Chicago contract stood at 53,420 while its Osaka counterpart was at 53,360, compared with the previous close of 53,818.04.
Hong Kong's Hang Seng Index futures were at 26,510, below the last close of 26,885.24
Overnight in the U.S., the Dow Jones Industrial Average shed 1.20%, while the S&P 500 lost 1.23%, pushing it into negative territory for the year. The tech-heavy Nasdaq Composite posted the biggest decline, dropping 1.59%.
—CNBC's Sean Conlon and Sarah Min contributed to this report.
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