NewsSignals AI analysis·Reuters·Oct 29, 2026

Asian shares wobble as Alphabet earnings miss drags Wall St futures lower

Grade Abearish AI signal$GOOG$MSFT$NDX$SPX

Asian shares weakened as Alphabet's earnings disappointment and heavy AI-related spending sent its shares down 10% in after-hours trading, wiping nearly $400 billion off its market value and dragging Nasdaq futures down 0.9%. Microsoft rose 3% after beating cash-flow forecasts, while the Fed held rates steady despite two members voting for a hike, keeping December tightening expectations elevated. Mixed AI earnings and upcoming US inflation and GDP data could intensify volatility across technology stocks and broader equity markets.

Bullish strength: 25/100

Microsoft gained 3% after reporting better-than-expected cash flows.
SK Hynix rose 4.6% following its shareholder-return plans and record profit.

Bearish strength: 75/100

Alphabet fell 10% in after-hours trading, losing nearly $400 billion in market value.
Nasdaq futures declined 0.9% amid concerns over AI-related earnings and spending.
Two Fed committee members voted for an interest-rate hike, while markets remained 80% priced for a December increase.

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

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