FeesSafety
Pluang+

Fed holds rates steady; Alphabet misses earnings, raising tech investment concerns

Market News
29 Oct 2026, 15:59 WIB
Seeking Alpha
View Source
Bearish
Fed holds rates steady; Alphabet misses earnings, raising tech investment concerns

The Federal Reserve kept interest rates unchanged, with minimal impact on inflation expectations as fuel prices continue to drive inflation beyond the Fed's control. Two officials dissented, favoring a rate hike, but the overall stance suggests no imminent increases. Alphabet reported earnings and revenue below expectations, sparking worries about funding for AI investments and negative free cash flow trends. Slowing growth in AI infrastructure spending is expected to pressure certain tech stocks, prompting investors to be more selective as the market focus shifts from infrastructure to AI applications.

Alphabet's stock on Pluang is down 11.66% at USD 284.37, reflecting investor caution amid concerns about AI spending and earnings misses. The stock's market cap stands at $3.96 trillion, with a typical hold time of 139 days. These figures are as of Oct 29, 2026 20:22 WIB.

More News (GOOG)

Alphabet upgraded to Buy after Q3 earnings drop brings valuation closer to fair value despite risks.

Alphabet upgraded to Buy after Q3 earnings drop brings valuation closer to fair value despite risks.

Alphabet's stock fell sharply after Q3 2026 results showed revenue up 25% to $127.6B but earnings per share down 26% to $2.12, with negative free cash flow of $9.1B. Cloud revenue doubled but concerns over customer concentration and transparency, esp...

Analyst Insights
Bullish
5 hours ago
Bank of America clients sell Meta and Google stocks at record pace, hitting communication services sector hard.

Bank of America clients sell Meta and Google stocks at record pace, hitting communication services sector hard.

Bank of America clients have sold communication services stocks, led by Meta Platforms, at the fastest rate since the sector's creation in 2018. Meta's stock dropped over 15% since late September due to heavy spending and legal charges, while Alphabe...

Bearish
5 hours ago
Alphabet's SpaceX investment caused a $0.55 EPS hit, dragging Q3 earnings down 26%.

Alphabet's SpaceX investment caused a $0.55 EPS hit, dragging Q3 earnings down 26%.

Alphabet's Q3 earnings fell 26% to $2.12 per share, mainly due to an $8.7 billion unrealized loss on its SpaceX investment, which cut EPS by $0.55. The stock price drop in SpaceX shares, which are largely restricted from sale, caused this paper loss....

Company Fundamentals
Bearish
6 hours ago
Google's AI search grows queries but earns less revenue than traditional search, pressuring Alphabet's core business.

Google's AI search grows queries but earns less revenue than traditional search, pressuring Alphabet's core business.

Google's AI-powered search is seeing faster query growth but generates less revenue per query compared to traditional search, causing a slowdown in overall Search revenue growth. Executives acknowledged that while AI Mode queries are longer and more ...

Company Fundamentals
Bearish
7 hours ago
Alphabet misses Q3 revenue and earnings estimates amid heavy AI spending and SpaceX investment loss

Alphabet misses Q3 revenue and earnings estimates amid heavy AI spending and SpaceX investment loss

Alphabet reported third-quarter revenue of $127.6 billion, slightly below analyst expectations of $128 billion, and earnings per share of $2.12, well under the $3.02 expected. The company’s heavy investment in AI, costing $51.4 billion and resulting ...

Company Fundamentals
Bearish
18 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App