NewsSignals AI analysis·WallstreetCN·Oct 28, 2026

Asia Thu early: Nasdaq futures -0.85%; Alphabet A -10.7% AH; MSFT +3.9%.

Grade Abearish AI signal$NBISSTOCK$SKHYNIXSTOCK$ORCLSTOCK$GOOGLSTOCK$GOOGLON$WDCSTOCK

Early Thursday Asia-Pacific trading showed divergence across U.S. equity futures and large-cap technology names. Nasdaq futures fell 0.85%, while S&P equity futures declined 0.2%. Small-cap index futures rose 0.3%. Alphabet A shares dropped 10.7% in after-hours U.S. trading. AI and data-infrastructure-linked names were also weaker: Nebius fell 4.8%, while SK Hynix ADRs and Oracle each declined 2.9%. Western Digital fell 2.4%, and Intel and SanDisk were down more than 2%. Elsewhere, Apple rose 0.2% and Meta gained 0.9%. Microsoft’s gain narrowed to 3.9%. The immediate market focus is whether weakness in semiconductors and data infrastructure broadens into index futures, alongside Microsoft’s role in AI sentiment.

Bullish strength: 32/100

Microsoft after-hours gain
Small-cap futures strength

Bearish strength: 68/100

Alphabet after-hours selloff
Nasdaq futures decline

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

Read the original source ↗

← Browse more news analysis

Trade on MEXC

More recent source-attributed AI analysis.

Alphabet Revenue and Profit Miss; Shares Fall 8.5% After Hours

Alphabet reported third-quarter revenue and profit below analyst expectations, and its shares fell as much as 8.5% in after-hours trading. Revenue excluding partner payments was $111.2 billion for the three months ended September 30, versus the $111.3 billion analyst consensus. Earnings per share were $2.12, below the $2.99 Wall Street expectation. Search and related revenue was $63.4 billion, below the $64.9 billion consensus. Free cash flow was negative $9.1 billion for the second consecutive quarter, while capital expenditures reached a record level as Google builds AI infrastructure for itself and customers. An $8.7 billion loss on equity investments reduced net income. The company had recorded investment gains a year earlier and in the second quarter, with the latter largely tied to its stakes in SpaceX and Anthropic. Google Cloud was the main offset: revenue reached $30.7 billion and profit was $11.1 billion, above analyst expectations of $29.1 billion and $9.8 billion, respectively. The results put focus on the pace of AI infrastructure spending, margins, cash flow and search growth.

Lumentum Stock Soars 17% on Marvell Takeover Talk

Lumentum shares rose 17% after reports that Marvell may acquire the optical components maker. The reported interest could strengthen Marvell's AI and data center capabilities through Lumentum's optical components business. The development puts Lumentum, Marvell and the optical hardware sector in focus, as the deal rationale centers on AI and data center infrastructure.

Alphabet Stock Tumbles on Q3 Miss, Google Cloud Revenue Surges

Alphabet Inc. reported third-quarter financial results after Wednesday's closing bell. The report highlighted a Q3 miss alongside strong growth in Google Cloud revenue, signaling mixed results across Alphabet's business. No specific figures were provided for revenue, earnings, share price, or cloud growth.

Fed Holds at 3.75%-4.00% as AI Earnings Split Markets

The Federal Reserve kept its federal funds target range at 3.75%-4.00%. Two voting members, Cook and Hammack, favored a 25-basis-point increase. AI earnings produced sharply divergent signals. Microsoft reported Azure revenue growth of 48% above expectations and said second-quarter capital expenditures are expected to exceed $50 billion. It forecast second-quarter total revenue of $96 billion to $97.1 billion and rose after hours. Google fell 10% after hours following Q3 results that missed expectations, alongside a sharp decline in free cash flow. Its capital expenditure also missed expectations, intensifying scrutiny over returns on AI investment. Oracle gained 10.58% at the close after saying free cash flow is expected to turn positive in the second half of fiscal 2028, exceed $30 billion in fiscal 2029, and face an additional financing cap of $20 billion before fiscal 2030. The focus is shifting from AI spending toward which companies can convert large capital expenditures into cash flow, with cloud, memory chips and data-center supply chains in focus.