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.
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Fedinterest ratesNasdaqWall StreetGOOGLMSFT
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Related tickers and likely impact
GOOGL
▼ Likely negativeAlphabet Inc. (Class A)
Relevance: low
| 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% |
MSFT
▲ Likely positiveMicrosoft
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Systems Software |
| Market cap | $3.9T |
| Close on 10/28/2026 | 530.83 |
| Change that session | -0.09% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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