Asian shares and US futures were mixed on Thursday, pressured by big tech stocks after Alphabet, Google's parent, reported quarterly revenue below expectations, with its shares falling about 10% in after-hours trading. The results raised questions about whether the company can generate enough sales to justify its large AI investments, while Microsoft rose nearly 3% after beating earnings expectations. Brent crude fell 1.2% to $110.32 a barrel, still well above the roughly $72 level before the Iran war began in late February. In Asia, Japan's Nikkei 225 rose 0.2% to 64,073.17, while South Korea's Kospi lost 2.2% to 5,880.25, with Samsung Electronics down 5.4% despite strong quarterly results. The Federal Reserve held rates steady, and analysts said a rate hike in December is likely as inflation remains too high.
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GOOGLearningsAI investmentFedinflation
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Related tickers and likely impact
GOOGL
▼ Likely negativeAlphabet Inc. (Class A)
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.0T |
| Close on 10/28/2026 | 325.61 |
| Change that session | +1.57% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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