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Stay informed with the latest developments in the financial markets.

Alphabet's Earnings Miss Expectations, Stock Drops

Alphabet reported third-quarter revenue of $127.58 billion, slightly below analysts' expectations. Net income fell to $26.17 billion from $34.98 billion a year earlier, leading to a significant stock decline in after-hours trading.

U.S. Stock Indexes Rise After Fed Holds Interest Rates

U.S. stocks edged higher as the Federal Reserve kept its main interest rate unchanged. The S&P 500 rose 0.3% to 7,743.98, the Dow up 0.2% to 52,475.10, and the Nasdaq up 0.3% to 26,549.85.

Bond Investors Become Selective About AI Financing

Bond investors are increasingly cautious about financing AI companies and infrastructure, following a significant selloff in AI-related bonds, notably those of CoreWeave, which saw yields spike to around 16%.