☕️ [Task Coins Giveaway] Daily Market Talk — Alphabet Slides After Earnings as Microsoft Gains

Alphabet's cloud revenue doubled, yet its free cash flow turned negative and the stock slid after hours, while Microsoft rose on faster Azure growth. The Fed held, with two votes for a hike. Let's dig in 👇

💬 Same night, same AI spending, opposite reactions. Which cloud would you own into 2027?

📊 Quick Recap — What Moved & Why

🇺🇸 US — One Cloud Up, One Down

🔑 Key Event: $Alphabet(GOOGL.US) closed +1.34% before results, then slid after hours as free cash flow turned negative despite doubled cloud revenue. $Microsoft(MSFT.US) closed flat, then rose after hours on 48% Azure growth.

👀 Other to Watch

• $Dow Jones Industrial Average(.DJI.US) +0.19%, $S&P 500(.SPX.US) +0.28%, $NASDAQ Composite Index(.IXIC.US) +0.27%, a third straight gain.
• Memory → $SK Hynix(SKHY.US) +13.30% and $Micron Tech(MU.US) +5.86% after SK Hynix's record quarter; $Sandisk(SNDK.US) reports Friday morning.
• AI Landlords → $Coreweave(CRWV.US) +7.32% and $Nebius(NBIS.US) +6.96% gave back gains after hours as both clouds underspent.
• $Oracle(ORCL.US) → +10.73% after promising over $225 billion of revenue by fiscal 2030 at its investor day.
• $Vertiv(VRT.US) → +16.48% after beating forecasts and agreeing a $1.45 billion acquisition.
• Optics → $Marvell Tech(MRVL.US) is reportedly near a deal to buy $Lumentum(LITE.US); Lumentum jumped and Marvell fell after hours.

@Gene Munster : AI Mode and AI Overviews are weighing on Search growth, though history says they'll fix it.

@NewUser_CkrdqW : Microsoft's earnings proved that capex and cash flow remain vital to investors.

@稳赚大钱 : Google's Q3 results were quite disappointing, but I still believe it has long-term potential.

🇸🇬 Singapore — Haze Reaches the Banks

🔑 Key Event: The $FTSE Straits Times Index(STI.SG) closed Wednesday +0.02% at 5,397.91 and is rising this morning, with $OCBC Bank(O39.SG) leading the banks. MAS told banks to cut exposure to clients with clear haze breaches.

👀 Other to Watch

• Plantations → SGX RegCo asked seven Indonesia-linked plantation firms to explain any ties to companies behind the fires.
• S-REITs → $Mapletree Ind Trust(ME8U.SG) -2.79%, the index's weakest, after a payout cut; $CapLand IntCom T(C38U.SG) grew property income 10.4%.
• $Sea(SE.US) → +0.60%, a second straight gain after a five-day slide.

@TheInvestingIguana : The haze story has reached the banks.

🇭🇰 HK/China — Apple Lifts AAC

🔑 Key Event: The $Hang Seng Index(00HSI.HK) closed Wednesday +0.23% at 23,094.83 as $AAC TECH(02018.HK) jumped +10.28% on Apple orders, and is flat this morning. $POP MART(09992.HK) is lower after its quarterly revenue nearly halved.

🌎 Other to Watch

• 🇺🇸 Fed → held at 3.75% to 4%, but two officials voted to hike; markets put a December hike near 78%.
• 🛢️ Oil → Brent settled at $115.32 after Houthi strikes on Saudi energy sites, then slipped overnight on Iran diplomacy.
• 📈 Treasuries → the benchmark 10-year yield rose to about 5.04% right after the decision, as the Fed awaited more inflation data.

@Fattycat : Ten members backed the pause; two wanted a 25 basis point increase. What will the Fed do next?

📅 Upcoming Key Events

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🚫 No duplicates · ⏰ Deadline: Oct 29, 2026, 11:59 PM SGT

Not investment advice, just market talk 🙏