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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 | 324.89 |
| Change that session | +1.34% |
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: high
| 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: medium
| 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
- Update: Nasdaq, S&P 500 Snap 3-Day Rise on Alphabet Sell-Off, Inflation Anxiety
- Alphabet is Plunging More Than 10% After Its Earnings Disappointed. It's Dragging The Nasdaq With It.
Alphabet shares fell more than 12% on Thursday, dragging the Nasdaq Composite down 1.35%, after third-quarter negative free cash flow of $9.07 billion came in well above the $2.70 billion analysts expected. The company kept its capex guidance for next year at $195 billion to $205 billion, and if shares close down more than 9.77%, it would be their worst post-earnings performance since the 2004 IPO. Alphabet faces pressure from OpenAI and Anthropic as queries move to their models, and Gemini is seen as lagging ChatGPT and Claude; chief business officer Philipp Schindler said search is taking hits from lower monetization within AI Mode. Also on Thursday, September PCE inflation rose 0.5% monthly and 3.6% annually, in line with expectations but well above the Fed's 2% target, a day after the Fed held rates at 3.75%–4% with two dissents.
- Dow Jones Futures: Amazon, Intel Lead Earnings Losers After Google, ServiceNow, Fortinet Hit Nasdaq
- Update: US Equity Indexes Decline as Alphabet's Quarterly Results Sink Communication Services
- Shares mixed after Google parent Alphabet's earnings disappoint
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.
- Fed rate decision and Google, Microsoft and Amazon earnings: What to Watch
The week of Oct. 26 features a Federal Reserve rate decision on Wednesday, with markets pricing in roughly a 90% chance policymakers hold rates steady, while investors watch for signals on future moves as inflation remains above the Fed's 2% target. On the same day, Alphabet and Microsoft report third-quarter results, with focus on Google's cloud business and custom AI chips, the threat new AI tools pose to its search advertising, and whether Microsoft's Azure growth justifies about $145 billion in spending in its last fiscal quarter. Amazon reports on Thursday, with attention on Amazon Web Services, which grew 37% last quarter, and on higher capital spending driven by memory prices.
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Latest news
- Asian trading is mixed as worries about AI-related issues grow
Asian shares traded mixed early Friday as concerns about the future of artificial intelligence grew after Alphabet's stock drop weighed on U.S. markets. Japan's Nikkei 225 fell 2.6% to 62,960.60, while South Korea's Kospi declined 5.4% to 5,618.76 as SK Hynix and Samsung Electronics both slipped. The Bank of Japan is closing a two-day policy meeting, but most analysts expect no action after raising its benchmark rate to 1.25% last month, and the U.S. has pressed Japan to raise rates over the weakening yen. On Wall Street on Thursday, the S&P 500 fell 0.3% to 7,720.39 and the Nasdaq composite tumbled 1.4% to 26,184.72, as Alphabet's Class A shares dropped 12.6% in their worst day since trading began more than 20 years ago. The 10-year Treasury yield fell to 4.94% from 5.05%, while U.S. crude gained 2.80% to $104.86 a barrel.
- Notable proposal on electric cars in Vietnam
A draft national technical regulation on safety and environmental protection for cars would require pure battery electric vehicles (BEV or PEV) to be fitted with an AVAS sound alert system for pedestrians and cyclists. AVAS must activate automatically when the vehicle travels below 20 km/h or reverses, is on by default at start-up, and may have a switch that drivers can use to turn it on or off. The sound must be continuous, change with speed, and must not resemble horns, bells, emergency alarms, musical tones, or animal sounds; for M1 cars fitted with AVAS, it may only operate when running fully on electricity. According to the Vietnam Register, pure electric cars can move slowly without the engine noise people nearby expect, so the requirement aims to improve safety for pedestrians, motorcyclists and cyclists.
- Tightening Resale of Social Housing After 5 Years: What Happens to Buyers' Rights?
The draft amended Housing Law proposes allowing social housing (NƠXH) to be resold only after 5 years and only to eligible buyers, instead of being transferred under the current market mechanism. Many opinions say a clear transitional mechanism is needed to protect those who bought under the old rules. A resident of the Đại Kim social housing project in Hà Nội said current listings are around 60-65 million VND/m², 4-5 times the original price of over 14 million VND/m², and worried that narrowing buyer eligibility and capping prices would hurt existing owners' rights. Lawyer Hoàng Hà (Ho Chi Minh City Bar Association) said the policy must clarify who can buy resold units, set transparent and objective pricing rules, and adopt transitional provisions based on when the buyer's rights were established. He argued that buyers who signed valid contracts before the new law takes effect should keep resale rights under the old rules, even if they have not held the home for 5 years or do not yet wish to sell.
- VPBankS Plans to Offer VND 6,000 Billion in Bonds
VPBankS (ticker VPX, HoSE) has approved a public offering of 60 million bonds, code VPXPO2627001, with a maximum value of VND 6,000 billion. The bonds are non-convertible, carry no warrants and no collateral, and all proceeds will supplement margin lending. The bonds have a 12-month term and a fixed 9.5% annual coupon paid every six months, with the offering expected from Q4/2026 to Q1/2027. Individual investors can buy at least 10 bonds (VND 1 million), and institutional investors at least 50,000 bonds (VND 5 billion). Separately, the company is collecting written shareholder opinions until 16:00 on 02/11/2026 on a plan to issue 843.75 million bonus shares at a 100:45 ratio, which would raise charter capital from VND 18,750 billion to VND 27,187.5 billion if completed.
- What SPS Commerce (SPSC) Said on Its Q3 Earnings Call
SPS Commerce (SPSC) reported third-quarter revenue of $197.6 million, up 4%, while adjusted EBITDA rose 17% to $70.9 million, a 36% margin above its long-term target. Amazon policy changes and the June 30 divestiture of the Revenue Recovery business reduced reported revenue growth by 500 basis points, prompting management to lower its outlook, though underlying growth remains in the high-single-digit range. The company highlighted rising adoption of its AI-powered MAX tools and expects advanced agent capabilities to become monetizable in 2027. It also repurchased $48.8 million of shares during the quarter.
- Grab Holdings And 2 Top Penny Stocks To Watch
The article notes that AI hardware spending is absorbing cash at large firms such as Amazon and Intel, while smaller companies face tougher funding as borrowing costs stay high, and profiles three low-priced stocks. Grab Holdings (market cap US$11.24 billion) runs a Southeast Asian superapp with deliveries revenue of about US$1.99 billion, mobility revenue of US$1.31 billion and financial services revenue of US$430 million; the article cites an expectation that its financial services unit will break even in the second half of 2026, though its expanding lending carries credit risk. Aurora Innovation (market cap US$10.28 billion) develops the Aurora Driver for autonomous trucks and ride-hail vehicles, and is operating driverless trucks in daily commercial freight with more than 500,000 commercial miles. SoundHound AI (market cap US$2.0 billion, revenue of about US$203 million) provides voice and conversational AI tools to enterprises. The article highlights risks around funding costs, execution and competition for each company.
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