Giannis Antetokounmpo has 24 points, 18 rebounds as the Heat beat the Hawks 129-117 for first win

ATLANTA (AP) — Giannis Antetokounmpo had 24 points and 18 rebounds in his first victory with the Heat, leading Miami over the Atlanta Hawks 129-117 on Wednesday night.

Bam Adebayo also had 24 points and grabbed nine rebounds for the Heat, who lost their first four games after acquiring Antetokounmpo from Milwaukee in the offseason. Adebayo passed Udonis Haslem to become the Heat's career leader in rebounds.

Andrew Wiggins scored 18 points and Pelle Larsson had 17 points, eight assists and six rebounds for the Heat, who shot 53% from the field and had a whopping 70 points in the paint.

Rookie Kingston Flemings and Nickeil Alexander-Walker each scored 23 points for the Hawks, who have dropped three in a row after opening the season with consecutive wins. Jalen Johnson shot just 4 for 12 and finished with 12 points, 11 assists and nine rebounds.

The Hawks were playing the first game of a home back-to-back. The start of their game against Cleveland on Thursday was pushed back an hour so that Game 6 of the WNBA Finals between Atlanta and Golden State could be played at State Farm Arena during the afternoon.

The Heat made 15 of 23 shots in the first quarter (65%) to take a 34-25 lead. They led 69-56 at halftime and took their biggest lead when Tim Hardaway Jr.'s 3-pointer made it 95-77 late in the third quarter.

Hardaway scored 14 points off the bench.

Heat: Host Indiana on Friday.

Hawks: Host Cleveland on Thursday.

See AP’s full NBA coverage here

Atlanta Hawks guard Nickeil Alexander-Walker (7) passes ahainst Miami Heat forward Bobby Portis (95) during the first half of an NBA basketball game, Wednesday, Oct. 28, 2026, in Atlanta. (AP Photo/Mike Stewart)

Miami Heat guard Pelle Larsson (9) shoots against the Atlanta Hawks during the second half of an NBA basketball game, Wednesday, Oct. 28, 2026, in Atlanta. (AP Photo/Mike Stewart)

Miami Heat center Bam Adebayo (13) shoots against Atlanta Hawks guard Dyson Daniels (5) during the second half of an NBA basketball game, Wednesday, Oct. 28, 2026, in Atlanta. (AP Photo/Mike Stewart)

Miami Heat forward Giannis Antetokounmpo (7) shoots against Atlanta Hawks forward Jalen Johnson (1) during the second half of an NBA basketball game, Wednesday, Oct. 28, 2026, in Atlanta. (AP Photo/Mike Stewart)

NEW YORK (AP) — A potentially historic drop for Alphabet’s stock is dragging the U.S. market lower Thursday after the company behind Google and YouTube reported weaker growth for the summer than analysts expected. The report underscored worries about whether all its huge investments in artificial-intelligence technology will pay off.

The S&P 500 fell 0.4% and was on track for its first loss in four days, while the Nasdaq composite tumbled 1.3%. Most of the rest of the stocks on Wall Street were rising, though, and the Dow Jones Industrial Average was down 0.4%, or 189 points, as of 12:32 p.m. Eastern time.

Alphabet is one of the most influential stocks on Wall Street because it’s one of the largest, and its loss of 12.3% had it heading toward its worst day since it began trading more than 20 years ago. It was under pressure to at least meet analysts’ expectations for growth amid concerns about how much it’s spending to invest in AI.

Alphabet said late Wednesday that it burned through more cash during the latest quarter, according to a measure called free cash flow, after its purchases of property and equipment topped $51 billion.

Worries are weighing on the entire AI industry following a frenzy to build data centers and fill them with AI chips. Not only are concerns high that the AI revolution may not produce as much profit and productivity as hoped, future spending on data centers is also under pressure because of how expensive it’s become to borrow money to buy more chips.

If not for Alphabet’s drop, the S&P 500 would have been higher for the day.

Several companies rallied after reporting stronger profits for the summer than analysts expected, including KLA Corp. The company, whose equipment helps make semiconductors, rose 6.4%.

Eli Lilly climbed 6.5%, Mastercard rose 4.5% and Merck added 4.8%.

DoorDash rose 4.2% after saying it agreed to buy Instacart in a deal valuing it at $17 billion. DoorDash also reported stronger profit and revenue for the latest quarter than analysts expected.

Norwegian Cruise Line Holdings steamed 13.6% higher after likewise topping expectations for summertime profit and revenue. It benefited from cruisers spending more money once aboard ships than the company expected, among other things.

Expectations are high for profit growth broadly among U.S. companies. That's what allowed the S&P 500 to set its record earlier this month despite high interest rates and other worries weighing on the stock market.

In the bond market, Treasury yields eased following several mixed reports on the U.S. economy.

The overall economy’s growth may have accelerated by more during the summer than economists expected thanks to spending by U.S. consumers and businesses investing in AI, according to a preliminary report. But Americans’ growth in incomes was weaker in September than economists expected, while a measure of inflation worsened.

Fewer U.S. workers applied for unemployment benefits last week, meanwhile, which could indicate few layoffs across the country.

Following the jumble of reports, the yield on the 10-year Treasury fell to 5.00% from 5.05% late Wednesday. It's been generally pulling back since topping 5.30% earlier this month and touching its highest level since 2002.

Helping to pull yields lower on Thursday was a drop in oil prices. The price for a barrel of Brent crude oil sank 1.5% to $109.97.

In stock markets abroad, indexes rose in Europe after the European Central Bank held interest rates steady on the continent. The bank's president, Christine Lagarde, also said she will resign in February, nine months before the end of her term.

In Asia, indexes were mixed. South Korea’s Kospi fell 1.2% due to a drop for market heavyweight Samsung Electronics, which sank 4.1% even though it reported a jump in profit.

AP Business Writer Chan Ho-him contributed to this report.

An earlier version of this story incorrectly said that DoorDash's profit and revenue for the latest quarter missed analysts' expectations. They both topped forecasts.

FILE - Traders Drew Cohen, left, and Dylan Halvorsan work on the floor of the New York Stock Exchange, Monday, Jan. 26, 2026. (AP Photo/Richard Drew, File)

A screen displays a news conference by Federal Reserve Board Chairman Kevin Warsh on the floor of the New York Stock Exchange, Wednesday, Oct. 28, 2026, in New York. (AP Photo/Yuki Iwamura)

A screen displays a news conference by Federal Reserve Board Chairman Kevin Warsh on the floor of the New York Stock Exchange, Wednesday, Oct. 28, 2026, in New York. (AP Photo/Yuki Iwamura)

A dealer watches computer monitors at a dealing room of Hana Bank in Seoul, South Korea, Tuesday, Oct. 27, 2026. (AP Photo/Lee Jin-man)