Nasdaq Futures Fall After Alphabet Earnings Miss Today

Nasdaq futures fell overnight after Alphabet's earnings missed Wall Street sales estimates. Wednesday's evening review had the S&P 500 holding a modest gain into the Federal Reserve hold; overnight S&P 500 futures last printed about 7,765, labeled overnight futures, against Wednesday's cash close of 7,743.98. US cash opens at 15:30 Cyprus (13:30 UTC).

The Setup: Seoul Sells Chips While US Futures Fade

The S&P 500 closed 7,743.98 on Wednesday, up 0.28 percent (FT.com, TipRanks). Range 7,718.37 to 7,758.43. October 6's 7,818.93 record close remains unrepaired. The Nasdaq Composite closed 26,549.85, up 0.27 percent. The Dow closed 52,475.10, up 0.19 percent. Overnight S&P 500 futures last printed about 7,765, labeled overnight futures (Investing.com 7,764.50 at 06:58 UTC). Nasdaq-100 futures last printed about 29,730, down about 1 percent (Markets Insider, Reuters). South Korea's Kospi last printed about 5,838, down 2.6 to 2.9 percent, labeled intraday (Reuters; AFP), against Wednesday's 6,012.44, after Samsung Electronics fell more than 4 percent even as operating profit rose nearly ninefold to a record. Japan's Nikkei last printed about 64,131, up 0.3 percent, labeled intraday (AFP). S&P bullish trigger: a hold through Wednesday's 7,758.43 high, then 7,818.93. Bearish trigger: a fade through 7,718.37, then Tuesday's 7,677.16.

Story of the Day: Alphabet Misses, Microsoft Beats on Cash

Alphabet reported third-quarter revenue of 127.6 billion dollars against about 128.2 billion expected, and adjusted earnings of 2.67 dollars a share against 3.02 (Reuters). Advertising came in at 82 billion dollars against about 83.4 billion. Google Cloud more than doubled to 30.71 billion dollars, but free cash flow printed a 9.07 billion dollar outflow against a near break-even read, with capital spending at 51.4 billion. Shares last sat about 10 percent lower after hours, the first top-and-bottom miss in about four years (Reuters, CNBC TV18). Microsoft posted revenue of 92.28 billion dollars, Azure sales of 33.17 billion up 48 percent, and adjusted earnings of 4.89 dollars a share against 4.73. Free cash flow printed 18.6 billion dollars, and capital spending of 45.2 billion sat below a 50 billion guide. Shares last sat about 3 percent higher after hours (Reuters). Amazon reports at 22:00 Cyprus (20:00 UTC). Scenarios to watch: a cash-flow split that keeps selling the spenders into Amazon, or a contained open if Microsoft's beat offsets Alphabet. None of this is a recommendation.

Oil Eases as Vance Reopens Iran Talks

West Texas Intermediate last printed about 101.40 dollars (goldoilprice; FT.com 101.29 as of 05:50 BST, range 101.02 to 102.31, under 1 percent apart). Wednesday's settle was about 102.78. The evening bearish reference at 101.53 was taken on the overnight low at 101.02. Brent last printed about 110.24 dollars on goldoilprice. Crude gave back Wednesday's inventory bounce after Vice President JD Vance contacted Iran to try to restart peace talks (Oilprice.com, Oct 29). The Houthis remain a supply risk after this week's Ras Tanura claim. Oil bullish trigger: a reclaim of Wednesday's 102.78 settle, then 103.55. Bearish trigger: a slip through 101.02, then 99.75.

Gold Holds Near Four Thousand Twenty-Eight Dollars

Spot gold last printed about 4,028 dollars (TradingView 4,027.910 as of October 29). goldoilprice sat at 4,032.60, under 1 percent apart. Kitco last printed 4,037.50 at 12:41 a.m. ET. Wednesday evening last printed about 4,050. The overnight low near 4,021.50 takes the evening reference at 4,024. The move is under the 2 percent bar for a same-day gold shock. The 4,100 zone remains overhead. Core PCE prints with GDP at 14:30 Cyprus (12:30 UTC). Gold bullish trigger: a reclaim of 4,100. Bearish trigger: a slip through 4,021, then 3,999.

Bitcoin Last Printed $80,261 Overnight

Bitcoin last printed about 80,261 dollars (TradingView). CoinGecko sat about 80,363 at 05:36 UTC, under 1 percent apart. Wednesday evening last printed about 81,213. The evening bearish reference at 80,277 was taken (session low about 79,720), then recovered. The 21-period average near 82,700 remains overhead. The 79,370 zone remains the lower reference. Ether last printed about 2,320 dollars (TradingView 2,320.1). Prints labeled intraday. BTC bullish trigger: a reclaim of 82,700. Bearish trigger: a slip through 79,720, then 79,370.

What's Next: GDP, PCE, the ECB, Then Amazon

Eli Lilly and Mastercard report before the open at 13:00 Cyprus (11:00 UTC). A Falcon Finance token unlock is due at 13:52 Cyprus (11:52 UTC). Advance third-quarter GDP, September core PCE, and weekly jobless claims print together at 14:30 Cyprus (12:30 UTC). Consensus is GDP at about 3.0 percent annualized after the second quarter's 2.2 percent, and core PCE at 0.3 percent on the month. US cash opens at 15:30 Cyprus (13:30 UTC). The ECB decision is at 15:15 Cyprus (13:15 UTC), with Christine Lagarde at 15:45 Cyprus (13:45 UTC); a hold at 2.50 percent is the base case. Amazon reports at 22:00 Cyprus (20:00 UTC). Tokyo CPI prints at 01:30 Friday Cyprus (23:30 UTC). Docket: the calendar and the week ahead. Scenarios to watch: a hot core PCE that reprices December after Wednesday's 10-2 hold, or a contained print that leaves the Fed's pause in place into Amazon. None of this is a recommendation.

For live prices see the ThriveInMarkets homepage. None of the above is a recommendation to buy or sell any asset. US cash closes are Wednesday, October 28, 2026. Overnight prints are Thursday, October 29, 2026.