---
title: "☕️ [Task Coins Giveaway] Daily Market Talk — Alphabet Slides After Earnings as Microsoft Gains"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000959513.md"
description: "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..."
datetime: "2026-10-29T03:02:15.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000959513.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000959513.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000959513.md)
author: "[Captain's Watch](https://longbridge.com/en/profiles/24747427.md)"
generator: "portal-rs"
---

# ☕️ [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

| When (SGT) | What |
| ---------- | ---- |

👇 Drop your take (20+ words) & click "Repost" to earn 288 Task Coins ✨  
🚫 No duplicates · ⏰ Deadline: Oct 29, 2026, 11:59 PM SGT

Not investment advice, just market talk 🙏

### Related Stocks

- [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md)
- [MU.US](https://longbridge.com/en/quote/MU.US.md)
- [MSFT.US](https://longbridge.com/en/quote/MSFT.US.md)
- [AMZN.US](https://longbridge.com/en/quote/AMZN.US.md)
- [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md)
- [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md)
- [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md)
- [SKHY.US](https://longbridge.com/en/quote/SKHY.US.md)
- [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md)
- [CRWV.US](https://longbridge.com/en/quote/CRWV.US.md)

## Comments (31)

- **NewUser_ThinkSwim · 2026-10-29T13:23:03.000Z**: As oil prices keep increasing and macro concerns grow uncertainty in the market. Markets where stocks drastically increase might have slowed so risk reward to upside might be smaller compared to market consolidation in range or sharp movement drop. DCA slowly into stocks that you like and know will 
- **NewUser_zS0M8w  · 2026-10-29T11:50:54.000Z**: 2 of the Mag 7 companies reported earnings, and the response to both is pretty drastic. Alphabet disappointed with lower Search Ad revenue despite promising continued Google Cloud growth. On the other hand, Microsoft Azure also continues to be the main catalyst for them, but the positive reaction al
- **The · 2026-10-29T08:29:12.000Z**: Most US Stocks rise for Alphabet, Microsoft, Dow Jones, Nasdaq Composite Index, SK Hynix, Micron Tech, Coreweave, Nebius, Oracle, Vertiv.Singapore stocks Straits Times Index and Sea show positive and CapLand IntCom T property income grew.There is improvement for Hong Kong stocks Hang Seng Index and 
- **koolgal · 2026-10-29T07:49:39.000Z · 👍 1**: What's Next After Fed Held Steady on Rates?🌟🌟🌟The US Federal Reserve held interest rates steady at 3.75% to 4.00% in a 10 to 2 vote which analysts said is a hawkish hold.  Data from CME's FedWatch and market consensus indicate an 85% probability of at least one more rate hike before year end.This is
  - **Fattycat** (2026-10-29T08:24:29.000Z): This is what the rich people are doing now. They are keeping 70% of their assets in cash. 🤭. I post this photo yesterday. ( from straits time).
  - **koolgal** (2026-10-29T09:44:13.000Z): Thanks😍😍😍
  - **koolgal** (2026-10-29T09:44:48.000Z): That is certainly most unusual.
- **dingdongbell · 2026-10-29T07:32:22.000Z · 👍 1**: The Feds stayed put which was pretty much expected and the market remained steady. If the market remains strong and dips get bought, we might see a nice rally into the year end.
- **Tiffany lover · 2026-10-29T07:16:39.000Z**: Alphabet (GOOGL.US) rose 1.34% pre-market, then fell after hours; despite cloud revenue doubling, free cash flow turned negative, sending shares plunging over 10% late in the session. While revenue grew, EPS and gross margin both significantly missed estimates.I believe Alphabet's overall structure 
- **win win · 2026-10-29T06:54:09.000Z**: Alphabet, our Giant Tech stocks. its cash flow turns negative and share price slides after the market closed. What do you think about the performance today?
  - **Captain Leo** (2026-10-30T11:04:50.000Z): Anyone holding GOOGL want to share how they read the cash flow turning red this quarter?😊
- **Valenxis · 2026-10-29T06:35:07.000Z**: Disappointing result from GOOGL and share price below 300 but it is looking attractive instead. Free cash flow is currently the main factor and focused by investors. nonetheless, i think Alphabet will rebound back stronger though
- **melph · 2026-10-29T06:32:10.000Z**: $Microsoft(MSFT.US) had the cleaner quarter with Azure up 48% and stronger guidance, while Alphabet's search and YouTube ads missed. $Alphabet(GOOGL.US) is still the faster growth bet because Google Cloud more than doubled and its backlog is huge.
- **Heroic Lifesaver · 2026-10-29T06:26:55.000Z**: Tech has rebounded quite strongly off its recent lows. Time will tell if that is the bottom and how the market pulls back from here will be a good indicator.
- **ShortWalk · 2026-10-29T06:02:05.000Z**: I think everyone is surprised by how Google turn out. But considering negative cash flow, considering their track record, this investment if done right, will eventually see profits in future
- **TheRaccoonAnalysis · 2026-10-29T06:01:52.000Z**: The divergence suggests markets are increasingly distinguishing between AI-driven revenue growth and the ability to translate that growth into sustainable financial returns. Going forward, cloud growth, capital expenditure, free cash flow and management guidance will be key indicators of whether hea
- **TheRaccoonAnalysis · 2026-10-29T06:01:48.000Z**: Alphabet’s after-hours decline suggests investors were concerned about cash-flow quality despite strong cloud growth. Doubling cloud revenue highlights robust AI and cloud demand, but negative free cash flow raises questions about the scale and timing of infrastructure spending and its near-term imp
- **damapang · 2026-10-29T05:43:55.000Z**: Good
- **Darkwinter · 2026-10-29T05:02:32.000Z**: AO has a real advantage, but it’s a double edge sword and currently in the infant stage whereby cost is more than revenue
- **新用戶_POEYmH · 2026-10-29T04:30:15.000Z**: Microsoft stock is up, adding to Google's meat, plus the Fed holds steady—double good news 😁
- **Fattycat · 2026-10-29T04:22:15.000Z · 👍 2**: GOOGL fell roughly 10% in overnight trading after posting negative free cash flow even though cloud revenue doubled.This concern me. Is Google over‑investing? I guess investors are now focused on return on investment. At the overnight price of US$290, the stock looks quite attractive to me.🤭Meanwhil
- **kailash · 2026-10-29T04:09:20.000Z · 👍 1**: Microsoft’s strong Azure growth shows that disciplined AI capex brings solid returns. On the other hand, Alphabet’s negative free cash flow naturally makes investors cautious. Personally, I would prefer Microsoft's strong execution and cloud cash flow stability into 2027.
- **NewUser_pDNGNabb · 2026-10-29T04:03:53.000Z**: Buy
- **NewUser_CkrdqW  · 2026-10-29T03:40:05.000Z · 👍 1**: Honestly, Google is looking very attractive below $300. This negative cash flow and higher Capex is only temporary, though it warrants an understandable sell-off. Despite that, Google's cloud revenue is still surging. Search ad revenue can be improved, but otherwise long term trajectory still looks 
  - **Fattycat** (2026-10-29T04:23:35.000Z): Agreed .👍


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**