Microsoft spotlight: Oct 28 edition
Microsoft is the focus as markets head into its scheduled Q1 2027 earnings; this report covers price action, recent headlines and how peers moved today.
Price action
According to Finnhub, Microsoft (MSFT) was at $531.01 as of Oct 28, 20:00 UTC; it fell 0.06% from the prior close and recorded a five-session change of -0.10%. This snapshot reflects the latest quoted intraday level and short-term session trend from Finnhub.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Microsoft | $531.01 | -0.10% | -0.06% | Oct 28, 20:00 UTC | Finnhub |
News flow
CNBC published several items on Microsoft, including analyst commentary from Brent Thill and Gil Luria and a note that Microsoft will report Azure revenue in dollars and that earnings will land after the close. Yahoo ran pieces on megacap earnings and on tech rising ahead of Microsoft and Alphabet results.
- Microsoft won’t spend all its free cash flow on AI and data centers, says Jefferies’ Brent Thill — CNBC, Oct 28, 10:45 UTC
- D.A. Davidson’s Gil Luria explains why he has a ‘slight preference’ for Microsoft over Google — CNBC, Oct 28, 12:08 UTC
- Microsoft earnings will land after the close — CNBC, Oct 28, 12:00 UTC
- Megacap Earnings Could Spoil the Market’s Appetite for AI — Yahoo, Oct 28, 14:40 UTC
- Tech rises for third day in a row ahead of Microsoft, Alphabet earnings, Fed decision in focus: AlphaCheck — Yahoo, Oct 28, 13:49 UTC
Across stocks
According to Finnhub, other large-cap names showed larger directional moves from the prior close: NVIDIA fell 1.17%, Meta Platforms fell 1.24%, Apple fell 0.94% and Tesla fell 0.80%, while Alphabet rose 1.34%, JPMorgan Chase rose 1.05% and Amazon rose 0.59% from the prior close.
| Instrument | Last | Change | Basis | As of | Source |
|---|---|---|---|---|---|
| S&P 500 (via SPY ETF) | $772.31 | +0.34% | vs prior close | Oct 28, 20:00 UTC | Finnhub |
| Nasdaq 100 (via QQQ ETF) | $725.61 | +0.60% | vs prior close | Oct 28, 20:00 UTC | Finnhub |
| NVIDIA | $215.38 | -1.17% | vs prior close | Oct 28, 20:00 UTC | Finnhub |
| Apple | $343.83 | -0.94% | vs prior close | Oct 28, 20:00 UTC | Finnhub |
| Amazon | $254.60 | +0.59% | vs prior close | Oct 28, 20:00 UTC | Finnhub |
| Alphabet | $324.89 | +1.34% | vs prior close | Oct 28, 20:00 UTC | Finnhub |
| Meta Platforms | $612.49 | -1.24% | vs prior close | Oct 28, 20:00 UTC | Finnhub |
| Tesla | $404.22 | -0.80% | vs prior close | Oct 28, 20:00 UTC | Finnhub |
| JPMorgan Chase | $339.30 | +1.05% | vs prior close | Oct 28, 20:00 UTC | Finnhub |
What to watch
According to finnhub, MSFT Q1 2027 earnings is scheduled Wed Oct 28 (after the close) with an EPS estimate of 4.82; that event is the key near-term item to monitor for Microsoft.
- Wed Oct 28 (after the close) — GOOGL Q3 2026 earnings · EPS estimate 3.11
- Wed Oct 28 (after the close) — MSFT Q1 2027 earnings · EPS estimate 4.82
- Wed Oct 28 (after the close) — F Q3 2026 earnings · EPS estimate 0.41
- Wed Oct 28 (after the close) — TMUS Q3 2026 earnings · EPS estimate 2.97
- Wed Oct 28 (after the close) — FDX Q3 2026 earnings · EPS estimate 3.52
- Thu Oct 29 (after the close) — AMZN Q3 2026 earnings · EPS estimate 2.00
Sources and data
- CNBC (secondary source) — Microsoft won’t spend all its free cash flow on AI and data centers, says Jefferies’ Brent Thill
- Yahoo (secondary source) — Megacap Earnings Could Spoil the Market’s Appetite for AI
- Finnhub (market data) — market data
Market data as of Oct 28, 20:00 UTC; report generated Oct 28, 20:20 UTC. All times are UTC. Each table row shows its own timestamp and provider.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.
Terms in this article
Price-to-earnings ratio (P/E)
Share price divided by earnings per share.
S&P 500
A float-adjusted, market-cap-weighted index of about 500 leading US companies selected by a committee at S&P Dow Jones Indices.
Exchange-traded fund (ETF)
A fund that trades on a stock exchange like a share, usually tracking an index, sector, commodity or strategy.
Earnings per share (EPS)
A company's net profit attributable to ordinary shareholders divided by its average number of shares.
Sources & data
- CNBC (secondary, retrieved Oct 28, 2026, 08:21 PM UTC)
- Yahoo (secondary, retrieved Oct 28, 2026, 08:21 PM UTC)
- Finnhub (market-data, retrieved Oct 28, 2026, 08:21 PM UTC)
Market data as of Oct 28, 2026, 08:00 PM UTC.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.
Ask about this story
Questions are answered only from this article and the sources it cites.
MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.
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