Stock market news — Thursday, 29 October 2026

Alphabet tanks nearly 13% for worst day ever, losing $500 billion in value

Alphabet reported a larger negative free cash flow than analysts had expected while maintaining its spending gudiance for the year.

Google Erases a Record $500 Billion as AI Eats Into Sales

Alphabet Inc.'s shares fell more than 13%, erasing more than $500 billion in its biggest-ever market plunge, after the company reported disappointing search and advertising sales that reinforced investor concerns about AI's threat to…

Alphabet shares plunge as search weakness overshadows Google Cloud growth

Alphabet Inc (NASDAQ:GOOG) shares plunged more than 11% on Thursday as weaker-than-expected advertising and search revenue overshadowed strong growth at Google Cloud, raising questions about how quickly the company can turn its…

DoorDash to acquire Instacart for $17 billion

The deal unites two delivery giants under one roof, with DoorDash's focus on restaurants and Instacart's robust stable of grocery partners.

Inflation surges, PCE shows. Fed pause on rate hikes unlikely to last with prices still rising.

Even though the Federal Reserve temporarily put its inflation fight on hold this week, the cost of living rose sharply again last month in a sign the central bank’s work is far from done.

Alphabet is Plunging More Than 10% After Its Earnings Disappointed. It's Dragging The Nasdaq With It.

The company reported a larger negative free cash flow than analysts had expected.

Why Alphabet’s stock is on track for its worst day ever after the latest results

A doubling of cloud revenue wasn’t enough to appease Wall Street as investors grew more concerned that AI is hurting the company’s ability to make money off search queries.

Alphabet Sinks 12% on Search Miss and $9 Billion Cash Burn: “Is This the Quarter We Feared?”

Key TakeawaysAlphabet shares fell 12% today after Search revenue missed estimates and free cash flow came in at negative $9. 1 billion.

Intel stock plunges 16% as chipmaker blames PC slowdown for weak guidance

Intel has been a Wall Street darling this year due to its emergence as a player in AI, but the company is being weighed down by a struggling PC market.

Amazon posts negative free cash flow of $42.4 billion, holds 2026 capex unchanged

Amazon reported third-quarter earnings on Thursday after the bell.

Rivian third-quarter earnings beat estimates as software revenue, R2 deliveries rise

Rivian also revised its 2026 guidance to mark expected improvements in its vehicle deliveries, pre-tax adjusted earnings and capital expenditures.

‘Fancy cars hold no appeal’: We have a 99% chance of outliving our life savings. Why not spend, spend, spend?

“I’m 68, she’s 74, and we’re both in good health. We married later in life and have no children.”

Starbucks sales miss expectations, but its U.S. turnaround is gaining steam

Starbucks' U.S. stores topped Wall Street's comparable sales expectations but its international business fell short of estimates.

Colombia stocks lower at close of trade; COLCAP down 0.64%

Reddit Earns More From Fewer U.S. Users: Rapid Earnings Reaction

Reddit’s revenue jumped 53%, but its U.S. audience shrank 2%, and the traffic that fell is logged-out users, who often arrive through search.

Reddit shares sink on weak sales guidance and plans login requirement test as Google search traffic shrinks

Reddit posts third-quarter earnings and reveals plans to require all users to create official accounts as Google search traffic shrinks

2 Stocks That Could Quietly Become Big Winners in the Artificial Intelligence (AI) Revolution

These aren’t top AI stocks, but the technology is helping improve their businesses.

Coffee Prices Fall to 1-Month as Concerns Continue About Brazilian Sales

December arabica coffee (KCZ26 ) closed down -1.30 (-0.45%) on Thursday, and January ICE robusta coffee (RMF27 ) closed down -23 (-0.72%). NY arabica coffee fell to a new 1-month low on Thursday, extending this week’s sharp sell-off.…

Cocoa Remains Weak on Rising ICE Inventories and Potential Brazilian Cocoa Sales

December ICE NY cocoa (CCZ26 ) closed unchanged on Thursday, and December ICE London cocoa #7 (CAZ26 ) closed down -10 (-0.24%). NY cocoa prices on Thursday consolidated just above Wednesday’s 1-month low and closed unchanged. Cocoa…

Nat-Gas Prices Fall on EIA Inventory Rise and Warm Weather

December Nymex natural gas (NGZ26 ) closed down -0.080 (-2.64%) on Thursday. Dec nat-gas prices closed lower Thursday on a larger-than-expected rise in weekly EIA inventories (+80 bcf vs. a consensus +72 bcf) and continued warm-weather…

Crude Oil Prices Fall on VP Vance Outreach to Iran

December WTI crude oil (CLZ26 ) closed down -0.78 (-0.76%) on Thursday, and December RBOB gasoline (RBZ26 ) closed down -0.0206 (-0.66%). Dec WTI crude oil prices fell on Thursday as the market assesses mediation efforts to avert a…

Sugar Prices Rise as Brazil Reports Reduced Cane Crushing

March NY world sugar #11 (SBH27 ) closed up +0.13 (+0.67%) on Thursday, and December London ICE white sugar #5 (SWZ26 ) closed up +1.90 (+0.36%). Sugar prices closed higher on Thursday after Brazil’s agricultural ministry reported late…

Stocks Trade Lower as Alphabet Disappoints and Chip Stocks Fall

The S&P 500 Index ($SPX ) (SPY ) is down -0.27%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.20%. December E-mini S&P futures (ESZ26 ) are down -0.34%, and…

Russia stocks lower at close of trade; MOEX Russia Index down 1.32%

Stocks making the biggest moves after hours: Amazon, Intel, Twilio, Reddit, Roblox & more

Here are some of the companies making headlines in extended trading.

Ameriprise Financial, Inc. Q3 2026 Earnings Call Summary

Moby summary of Ameriprise Financial, Inc.'s Q3 2026 earnings call

TriMas Corporation Q3 2026 Earnings Call Summary

Moby summary of TriMas Corporation's Q3 2026 earnings call

Amazon shares sink as it spends heavily on AI

Amazon shares fell sharply in extended trading Thursday after it reported plummeting free cash flow tied to its heavy investments in AI.

Dow Jones Futures: Amazon, Intel Lead Earnings Losers After Google, ServiceNow, Fortinet Hit Nasdaq

Amazon, Intel and Illumina were earnings losers overnight after Google, ServiceNow and Fortinet slammed techs. Much of the market is doing fine.

Amazon Third-Quarter Results Miss Views as AI Spending Drives Negative Cash Flow

Amazon's (AMZN) third-quarter results missed Wall Street's estimates as a massive ramp in artificial

Dollar is Undercut by Lower T-note Yields

The dollar index (DXY00 ) fell -0.16% on Thursday as the 10-year T-note yield fell -4 bp, undercutting US interest rate differentials. The 2-year T-note yield fell -5 bp on Thursday. The dollar found underlying support from a…

Wheat Getting Some Gains on Export News

The wheat complex is finding some strength on Thursday with China rumors and a marketing year high in export business. Chicago SRW contracts are up 4 to 5 cents in the front months. KC HRW futures are up 1 to 2 cents at midday. MPLS…

Corn Ticking Higher at Thursday’s Midday

Corn futures are trading with fractional gains across most front months at midday on Thursday. The CmdtyView national average Cash Corn price is up 3/4 cents at $4.14 1/2. The average close for December corn futures in October has been…

Stock Market Today, Oct. 29: ADT Surges 33% on $10 Per Share All-Cash Acquisition Deal

On Oct. 29, 2026, the home security provider's board unanimously approved the buyout, setting a clear price ceiling for investors watching the transaction close.

Stock Market Today, Oct. 29: Amazon Falls on Q3 Earnings Report and Capex Concerns

On Oct. 29, 2026, investors weighed AWS growth against $220 billion in infrastructure spending and fourth-quarter guidance.

Tenet Healthcare Corporation Q3 2026 Earnings Call Summary

Moby summary of Tenet Healthcare Corporation's Q3 2026 earnings call

Sirius XM Holdings Inc. Q3 2026 Earnings Call Summary

Moby summary of Sirius XM Holdings Inc.'s Q3 2026 earnings call

FedEx Freight forecasts quarterly earnings above estimates on improving volumes, pricing

Intel shares drop 14% on Israel factory blast, PC weakness

Cantor Fitzgerald Initiates Coverage of Kardigan at Overweight

Fintel reports that on October 29, 2026, Cantor Fitzgerald initiated coverage of Kardigan (NASDAQGM:KARD) with a Overweight recommendation. This initiation of coverage aligns with a broader trend of recent analyst initiations for the…

Weak quarter for Intel sends shivers through cooling chip stocks

Multi-billion Binance hack hitting crypto markets

Crypto prices are sliding on the news, led by BNB coin, down 6% in the last hour.

Lloyds Banking Group plc Reports 42% Increase in Profit Before Tax to £6,625 million for the first nine months of 2026

Lloyds Banking Group plc reported a statutory profit before tax of £6,625 million for the first nine months of 2026, representing a 42% increase compared to the first nine months of 2025. Profit after tax rose to £4,835 million, with…

Banco Bilbao Vizcaya Argentaria, S.A. Reports Net Attributable Profit of 9,066 millions of euros for the First Nine Months of 2026

Banco Bilbao Vizcaya Argentaria, S.A. reported that its cumulative net attributable profit in the first nine months of 2026 reached €9,066 million, representing an increase of 13.6% over the same period last year. This growth was…

Medical Properties Trust, Inc. Reports 2026 Third Quarter Results and Approximately $680 Million in Asset Sale Proceeds

Medical Properties Trust, Inc. announced its financial and operating results for the third quarter ended September 30, 2026. The company reported Net income of $0.34 and Normalized Funds from Operations (“NFFO”) of $0.11 for the 2026…

TotalEnergies SE Q3 2026 Earnings Call Summary

Moby summary of TotalEnergies SE's Q3 2026 earnings call

Linde plc Q3 2026 Earnings Call Summary

Moby summary of Linde plc's Q3 2026 earnings call

Soybeans On the Lower Side of Unchanged on Thursday

Soybeans are down 1 to 3 cents in the front months on Thursday with some deferreds showing strength. First notice day for November is on Friday. The cmdtyView national average Cash Bean price is down 2 3/4 cents at $11.64 1/4. Soymeal…

PBF Energy Inc. Q3 2026 Earnings Call Summary

Moby summary of PBF Energy Inc.'s Q3 2026 earnings call

Update: US Equity Indexes Decline as Alphabet's Disappointing Earnings Decimate Communication Services

(Updates with index/price moves, macroeconomic data, and company news from the first paragraph.)

Alnylam Pharmaceuticals, Inc. Q3 2026 Earnings Call Summary

Moby summary of Alnylam Pharmaceuticals, Inc.'s Q3 2026 earnings call

Intel Server Sales Jump 78%, Q4 Outlook Dims: Rapid Earnings Reaction

Intel's server business is booming, but the company can't build enough to satisfy demand -- and a weaker PC market is dragging on the rest.

Stock Market Today, Oct. 29: Norwegian Cruise Line Holdings Beats Q3 Estimates, Raises Full-Year Guidance

Today, Oct. 29, 2026, the cruise operator reported $2.95 billion in revenue and lifted 2026 EPS guidance to $1.70.

A Starbucks turnaround is brewing — but perhaps not quickly enough

The coffee chain beat expectations on a key sales metric, but its stock was still moving lower.

US promises tariff relief in talks with Audi on Georgia plant, sources say

After-Hours Movers: AMZN, TWLO, INTC, SNDK, RDDT, RBLX, PINS, RIVN, SBUX, ILMN

Walmart commits $6 billion to expand Symbotic deal

Starbucks forecasts annual profit above estimates

Exclusive-Greek PM calls Turkey-Libya maritime deal ’void;’ calls for global truce after Black Sea attacks

The S&P 500 isn’t the big winner you may think it is

The index’s weakness may surprise a generation of investors raised on the cult of “stocks always go up.”

Sandisk sees revenue nearly quintuple — and its stock is heading higher

Sandisk’s earnings show that the company is growing quite profitably.

Update: Nasdaq, S&P 500 Snap 3-Day Rise on Alphabet Sell-Off, Inflation Anxiety

(Updates with market moves at the end of the day, and other changes, if any.) The Nasdaq Composit

All the reasons Marvell investors are ‘freaking out’ as Lumentum deal rumors swirl

Investors are nervous that Marvell would have to pay a big premium — and wait a while for China to approve any deal.

Some Polymarket user funds stolen by hackers; exchange referring matter to U.K. authorities

The outage comes just days before the platform is expected to experience heightened trading during the U.S. midterm elections.

This is where most people go wrong in their 30s and 40s

These big life decisions will determine just how well you retire.

Labor Department finalizes sweeping PBM disclosure rule

Starting in 2027, the controversial drug middlemen will have to share a broad swath of fee and compensation data with self-funded employer clients. Employers cheered the rule, while PBMs slammed it as government overreach.

Amazon's 3Q results miss analysts' estimates, but posts solid sales gains in cloud computing unit

NEW YORK (AP) — Amazon delivered fiscal third-quarter profits and net sales that came below Wall Street analysts' expectations but posted strong growth in its prominent cloud computing unit.The Seattle-based company also offered on…

Alphabet drops 12% in deepening tech and semiconductor rout

A steep 12.6% sell-off in Alphabet (GOOGL) dragged down the broader market, pulling semiconductor and software names like Micron (MU), Intel (INTC), and Marvell (MRVL) deep into negative territory. Bucking the tech retreat, healthcare…