Market News
Breaking market news and updates
Alphabet Shares Plunge After Rare Profit and Revenue Miss as 2027 Capex Signal Spooks Investors
Alphabet shares plunged after a rare profit and revenue miss, slowing search growth and a warning that 2027 capital spending will rise significantly, per CNBC and AFP reporting.
Lagarde to Step Down as ECB President on February 7, 2027, Ahead of Scheduled Term End
Christine Lagarde will step down as ECB President on February 7, 2027, nearly nine months before her term ends, with Klaas Knot and Pablo Hernández de Cos cited as top succession contenders.
Oracle Caps New Financing at $20 Billion, Targets $225 Billion in Fiscal 2030 Revenue
Oracle shares rose 11% after the company set a $20 billion cap on new financing and forecast $225 billion in fiscal 2030 revenue, per CNBC, even as capex surges and credit default swap spreads stay elevated.
Microsoft Beats Q1 FY27 Estimates as Azure Tops $33 Billion for the First Time; Shares Rise
Microsoft's fiscal Q1 2027 results beat estimates, with Azure revenue disclosed in dollars for the first time at $33.17 billion, up 48%, and shares up 4% in extended trading, per CNBC.
Stock Market Today: Technology Leads While S&P 500 Advances
Technology led the session while the S&P 500 advances. See the validated market scorecard, sector performance, and what traders are watching next.
Fed Holds Rates at 3.75%-4% as Cook and Hammack Dissent; Warsh Unveils Fewer Rate-Setting Meetings Starting 2027
The Fed held rates at 3.75%-4% on October 28, 2026, with Cook and Hammack dissenting for a hike, while Chair Warsh detailed a 2027 meeting-schedule change adding dedicated strategy sessions.
Apple Unveils First Touchscreen MacBook Pro, Reversing Years of Resistance
Apple introduced its first touchscreen laptop, the MacBook Pro with ProLED XDR Display, reversing years of executive resistance, with higher starting prices and a busy Ternus-era product cadence amid a soft laptop market.
Dropbox to Cut About 9% of Staff, Estimates $27M-$33M in Severance Costs as CTO Ali Dasdan Departs
Dropbox will cut about 9% of its workforce — roughly 200 roles — and projects $27M-$33M in severance-related cash costs as CTO Ali Dasdan departs November 18, per its Form 8-K and company blog post.
Robinhood Q3 2026 Earnings: Revenue Rises 12% to $1.42 Billion as Crypto Revenue Plunges 55%, EPS Falls to $0.51
Robinhood's Q3 2026 revenue rose 12% to $1.42 billion as options, equities and prediction markets offset a 55% drop in crypto revenue, while EPS fell to $0.51 and shares declined after the report.
Amphenol Posts 65% Sales Growth, 37% Organic Growth in Q3 2026, Unveils New $4 Billion Buyback
Amphenol's Q3 2026 release reported 65% sales growth and 37% organic growth, with record sales of $10.2 billion, acquisition contributions and a new three-year $4 billion stock repurchase program effective January 1, 2027.
Trian-Led Investor Group Offers $7.35 a Share for Wendy's, Valuing Chain at $1.4 Billion
A Trian-led investor group including Flynn Group, BlueFive Capital and Sixth Street Partners has made a non-binding $7.35-per-share cash offer to take Wendy's private, valuing the chain at about $1.4 billion, according to a regulatory filing.
GE Vernova to Acquire Trench Group for $9 Billion in Grid-Equipment Push
GE Vernova has agreed to acquire grid-equipment maker Trench Group from Triton Partners for $9 billion, funded roughly half in cash and half in debt, with closing expected in late 2027.
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