Alphabet faces a skeptical Wall Street as it prepares to report quarterly results.
Alphabet sinks 10% as it holds 2026 capex unchanged, expects significant increase in 2027
Source: CNBC
Original reporting
CNBC: read the full reportRelated stories
CNBC
Ford reports mixed third-quarter results, says 2027 earnings will be in line with this year
Ford Motor reported earnings that beat Wall Street’s estimates but slightly missed on revenue.
CNBC
DoorDash's deal to buy Instacart coming as early as Thursday morning, sources tell CNBC
Speculation of a deal has swirled since last week, and several outlets reported the acquisition could value Instacart at roughly $17 billion.
CNBC
Microsoft stock jumps 4% as cloud growth drives earnings and revenue beat
Microsoft reported better-than-expected results driven by 48% growth in Azure revenue.
CNBC
Bessent says 'not necessarily' a mistake if the Fed hikes again
Treasury Secretary Scott Bessent joined CNBC for an interview on Oct. 28, 2026.
CNBC
Fed leaves rates unchanged: What it means for credit cards, mortgages, auto loans and savings accounts
The Fed's benchmark affects many consumer borrowing costs, including the rates tied to mortgages, credit cards, auto loans and savings accounts.
CNBC
FedEx beats expectations, raises outlook in first report since calendar adjustment
FedEx on Wednesday beat Wall Street expectations on the top and bottom lines for the third quarter of its newly aligned fiscal year.