Alphabet misses estimates as free cash flow turns negative; AI-spend jitters hit tech stocks (Capital)

Financedesk view

Magnificent Seven correlation falls to a multi-year low: Apple leads YTD, Meta and Tesla lag; Microsoft and Alphabet report after the close (Technology)

CNBC said the average 60-day correlation across the 21 Magnificent Seven pairs fell to its lowest in more than a decade; the Roundhill Magnificent Seven ETF is …

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Financedesk view

Microsoft and Alphabet after-hours reports become the AI-trade stress test: cloud growth, capex, and free cash flow in focus (Earnings)

LSEG/CNBC consensus pointed to Alphabet EPS of about $3.02 and revenue of about $128.2 billion (up roughly 25% year over year), with Google Cloud growth near 90…

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Financedesk view

Alphabet plunges ~12%, wiping out $500B+ of value; Microsoft and Amazon slip, Meta rises ~3% (Tech)

CNBC and NBC reported Alphabet (GOOGL) fell as much as about 12% Thursday after a soft quarter and deeply negative free cash flow — on pace for one of its worst…

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Financedesk view

Microsoft Azure +48% with still-positive FCF; Alphabet misses revenue and EPS, keeps $195B–$205B 2026 capex (Earnings)

CNBC reported Microsoft fiscal Q1 revenue of $92.28 billion (vs. ~$90.69B expected) and adjusted EPS of $4.89 (vs. ~$4.73), with Azure up about 48%. Capex and f…

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AI/Techdesk view

Alphabet misses estimates as free cash flow turns negative; AI-spend jitters hit tech stocks (Capital)

Alphabet on October 28 reported third-quarter results for the period ended September 30: consolidated revenue of $127.6 billion, up 25% year over year but sligh…

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AI/Techdesk view

Microsoft posts $92.3 billion quarter; Azure grows 48% and discloses dollar revenue for the first time (Earnings)

Microsoft on October 28 reported fiscal 2027 first-quarter results for the period ended September 30, 2026: revenue of $92.3 billion, up 19%; operating income o…

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Gamingdesk view

Konami posts 37% revenue growth in H1 as digital entertainment profits surge (earnings)

Konami Group on October 29 reported results for the six months ended September 30, 2026: revenue of about ¥307.975 billion, up 37.0% year over year, and profit …

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