Alphabet stock fell after the company reported earnings that missed estimates. It is one of several stocks cited in the headline as explaining today's market moves.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
Open a keyword to see other news on the same topic.
Related tickers and likely impact
GOOGL
▼ Likely negativeAlphabet Inc. (Class A)
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.0T |
| Close on 10/28/2026 | 324.89 |
| Change that session | +1.34% |
MSFT
• NeutralMicrosoft
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Systems Software |
| Market cap | $3.9T |
| Close on 10/28/2026 | 531.01 |
| Change that session | -0.06% |
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/28/2026 | 725.61 |
| Change that session | +0.60% |
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/28/2026 | 772.31 |
| Change that session | +0.34% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Cramer Calls Microsoft a Buy, Says Alphabet Carries Too Much Baggage
Jim Cramer gives Microsoft a buy rating. He argues that Alphabet is weighed down by too much baggage, as its free cash flow remains negative.
- US Stock Futures Mixed as Alphabet Falls, Microsoft Gains and Fed Comments Draw Attention to AI Spending: Dow Jones, S&P, Nasdaq, Wall Street
US index futures were mixed on Thursday, with Nasdaq futures down 1.3%, S&P 500 futures down 0.5%, and Dow Jones futures up 0.3%, as investors weighed quarterly results from major technology companies and comments from Federal Reserve Chair Kevin Warsh on how higher interest rates could affect AI investment. Alphabet shares fell more than 10% in premarket trading after results below expectations, with advertising growth slowing to its lowest rate in five quarters and capital expenditure reaching $51.4 billion, up $6.5 billion from the previous quarter. Microsoft rose after revenue of $92.28 billion, up 19%, and adjusted EPS of $4.89 beat forecasts, with Azure growing 48%. Samsung Electronics shares fell more than 4% in South Korea after its semiconductor division's operating profit came in below expectations, although group operating profit reached 100 trillion won, about $74.52 billion.
- Alphabet, Microsoft, Marvell, Amazon, and More Stocks That Explain Today’s Market
Alphabet is heading for its worst day in more than six years after weak earnings, while Microsoft's solid results push its shares higher.
- Alphabet, Microsoft earnings in focus; Warsh on AI, rates - what’s moving markets
U.S. stock index futures were mixed as investors digested a batch of megacap tech earnings and the Federal Reserve's latest rate decision. By 04:03 ET, Nasdaq futures had fallen 400 points, or 1.3%, S&P 500 futures were down 36 points, or 0.5%, and Dow futures were up 150 points, or 0.3%. Alphabet shares were set to drop more than 10% in premarket trading after its third quarter missed expectations, mainly due to weak services revenue and the slowest ad revenue growth in five quarters. Capital expenditures rose $6.5 billion from the prior quarter to $51.4 billion. Samsung's semiconductor operating profit fell short of expectations and its shares fell more than 4% in Korea, even though group-wide operating profit hit a record 100 trillion won (about $74.52 billion). Microsoft shares gained in premarket trading after first-quarter revenue rose 19% to $92.28 billion and Azure grew 48%. Fed Chair Kevin Warsh questioned whether higher interest rates could curb heavy AI spending.
- U.S. stock futures drop as Alphabet slides on soft earnings, Microsoft firms
U.S. stock index futures fell on Wednesday evening, mainly after Alphabet (GOOGL) dropped sharply when its third-quarter profit missed expectations. Alphabet lost 9.8% in aftermarket trade, while Microsoft rose 2.7% after beating expectations on both top and bottom lines, with its Azure unit growing faster than expected. Nasdaq 100 futures slid 1.2% to 29,619.50 points, S&P 500 futures fell 0.5% to 7,743.25 points, and Dow Jones futures dipped 0.06% to 52,663.0 points. Investors also weighed Fed comments hinting at more rate hikes and concerns over whether heavy AI spending will generate adequate returns.
- US Stock Futures Mixed Ahead of Alphabet, Microsoft Earnings and Federal Reserve Rate Decision: Dow Jones, S&P, Nasdaq, Wall Street
US stock futures were mixed on Wednesday as investors awaited results from Alphabet and Microsoft after the close and the Federal Reserve's rate decision. S&P 500 futures rose 0.1% and Nasdaq 100 futures gained 0.6%, while Dow Jones futures fell 0.2%, following a 1.18% rise in the Nasdaq Composite the previous session. Investors are watching whether heavy AI infrastructure spending is producing revenue growth, with Alphabet, Microsoft and Amazon together planning capital expenditure of as much as $600 billion this year. South Korea's SK Hynix beat expectations with third-quarter operating profit of 83.33 trillion won, up 632% year over year, and its shares rose more than 10% in Seoul. The company also plans to return a total of 100 trillion won, about $75.5 billion, to shareholders this year.
Related markets
Latest news
- Alphabet's market value evaporates nearly $500 billion in one day
Alphabet, Google's parent company, fell nearly 13% in Thursday's US session, its steepest decline since Google listed in 2004, wiping out nearly $500 billion in market value. Its Q3 report showed negative free cash flow of $9.07 billion, far below analysts' forecast of -$2.7 billion, while search advertising grew 12% to $63.35 billion but fell short of expectations, and Alphabet kept its full-year capex plan at $195-205 billion. Chief Business Officer Philipp Schindler said the search business was partly affected by lower monetisation in AI Mode, and the company is expanding ads in AI Overviews and AI Mode. Analyst Scott Devitt of Rosenblatt Securities said Google's dominant search share could be an advantage, while the article notes Gemini has lagged rivals amid competition from ChatGPT and Claude. The Nasdaq Composite fell 1.4% to 26,184.73 points, and the PCE inflation gauge rose to 3.6% in September, overshadowing solid Q3 GDP data.
- 2026-10-30 - Interim results of the Swiss National Bank as at 30 September 2026
The Swiss National Bank (SNB) reports a profit of CHF 44.2 billion for the first three quarters of 2026, before allocation to provisions for currency reserves. Most of this came from foreign currency positions, which earned CHF 43.3 billion, including CHF 29.8 billion from exchange rate gains, while gold holdings recorded a valuation gain of CHF 1.2 billion. Swiss franc positions contributed CHF 0.1 billion, mainly from remuneration of sight deposit account balances and liquidity-absorbing operations. The SNB noted its financial result depends heavily on gold, foreign exchange and capital market movements, so only provisional conclusions are possible for the annual result, and the allocation to currency reserve provisions for the year will be determined at year-end.
- Unprecedented: Vinhomes posts record 9-month profit of over VND 75,000 billion, exceeding 25% of full-year plan
Vinhomes (VHM) released its consolidated Q3/2026 financial statements under Vietnamese Accounting Standards (VAS), reporting nine-month profit after tax of VND 75,059 billion, up 390% year on year and already above its full-year plan. Net revenue for the nine months reached VND 202,586 billion, up 302%; in Q3 alone, profit after tax was VND 23,021 billion, up 419%, and gross margin was 60.3%. Nine-month sales bookings reached VND 219.6 trillion, up 35%, while pre-sold but undelivered sales at the end of Q3 stood at VND 185.6 trillion. Total assets as of 30/09/2026 were VND 1,339,199 billion, with a debt-to-total-assets ratio of 0.18 and an interest coverage ratio of 11.3 times. A Vinhomes–SGC joint venture signed a turnkey contract on 15/10 to build five Hanoi Metro lines, with total investment of about VND 900 trillion.
- A pharma giant is moving past one patent cliff — but another is already looming
Novartis says remibrutinib, its experimental multiple sclerosis (MS) drug, could generate more than $4 billion in peak annual sales, even though Barclays recently cut its peak sales forecast after late-stage trials showed it reduced relapses by less than analysts expected. The drug belongs to the BTK inhibitor class and aims to regulate immune cell activity rather than eliminate cells, unlike Kesimpta, an anti-CD20 antibody. University of Pennsylvania MS specialist Amit Bar-Or said its safety profile looks promising but it is unlikely to control relapses as effectively as Kesimpta, and its biggest market-expansion opportunity could come from trials in progressive MS, with a readout expected in 2031. Morningstar analyst Jay Lee said the $4 billion-plus forecast is 'within the realm of possibility' but not de-risked. Meanwhile, the market is already looking to the next patent cliff around 2032 for Kisqali and Kesimpta, whose expiries alone represent $18 billion in peak sales.
- Strategy eyes more Bitcoin buys as Saylor touts $30B credit capacity
Strategy, a bitcoin treasury company, plans to fund more bitcoin purchases mainly through preferred-share offerings, and executive chairman Michael Saylor said it could create up to $30 billion in digital credit using its existing balance sheet without issuing new common stock or relying on further bitcoin price gains. Saylor described the possible amounts as $10 billion, $20 billion or $30 billion, and the article notes the $30 billion figure is a possible capacity rather than an announced fundraising target. CEO Phong Le said issuing digital credit would be the main way to acquire bitcoin, and that raising $1 billion to $2 billion a month through STRC could leave some proceeds in dollar reserves with the rest spent on bitcoin. In the third quarter, Strategy reported $19.53 billion in net income, driven largely by a $20.91 billion gain in the value of its digital assets, and its bitcoin holdings reached 848,517 BTC as of Oct. 25, up 26% year to date.
- North Korea’s TraderTraitor linked to $6.3B Binance hack
Crypto investigators TRM Labs, Chainalysis and onchain investigator ZachXBT have linked the $6.3 billion Binance hack to North Korea’s TraderTraitor group. TRM Labs said it attributed the attack with “high confidence,” while ZachXBT said funds stolen from Binance and the earlier Bitget exploit were commingled at the same address after moving through THORChain, indicating the same actor is likely behind both. Chainalysis co-founder and CEO Jonathan Levin put the amount stolen at $6.4 billion, slightly above Binance’s estimated $6.3 billion impact, and said the group was likely responsible. The article also notes US authorities have tied TraderTraitor to major thefts, including the February 2025 Bybit hack and the more than $300 million DMM Bitcoin theft in May 2024, and that the FBI says the group targets employees through social engineering.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.