US stocks are seen to be negatively affected by Alphabet, the parent company of Google.
A weak earnings report and a small amount of money due to heavy spending on AI pushed Alphabet's shares down 7%.
Chipotle, a popular restaurant chain, also saw its shares fall by 5% due to lower-than-expected sales growth.
On the other hand, Snap, the parent company of Snapchat, rose by 6% after recording better-than-expected quarterly results.
Wall street on Tuesday mostly recorded increases with the Dow rising 0.3%, the S&P 500 rising 0.72% and the Nasdaq rising 1.35%.
Palantir shares were the most notable, rising by 24% after giving a view on the positive outlook for the future and exceeding investor forecasts.
Earnings reports from companies Uber, Walt Disney, Novo Nordisk, Ford and Qualcomm will be of interest to investors.
