Tech mixed as Alphabet posts biggest drop
Alphabet fell 12.44% as of Oct 29, 17:00 UTC while Meta Platforms rose 3.57%; prices and moves are reported by Finnhub.
Where prices stand
Alphabet fell 12.44% from the prior close to $284.49, the largest move among the group; Meta Platforms rose 3.57% from the prior close to $634.33; Amazon fell 3.23% from the prior close to $246.37; Apple rose 1.73% from the prior close to $349.78; JPMorgan Chase rose 1.23% from the prior close to $343.46; Microsoft fell 1.20% from the prior close to $524.63; NVIDIA fell 0.78% from the prior close to $213.70; and Tesla rose 0.16% from the prior close to $404.85. Prices and moves are as of Oct 29, 17:00 UTC and are from Finnhub.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| NVIDIA | $213.70 | -2.97% | -0.78% | Oct 29, 17:00 UTC | Finnhub |
| Apple | $349.78 | -0.05% | +1.73% | Oct 29, 17:00 UTC | Finnhub |
| Microsoft | $524.63 | -0.36% | -1.20% | Oct 29, 17:00 UTC | Finnhub |
| Amazon | $246.37 | -2.96% | -3.23% | Oct 29, 17:00 UTC | Finnhub |
| Alphabet | $284.49 | -2.95% | -12.44% | Oct 29, 17:00 UTC | Finnhub |
| Meta Platforms | $634.33 | -12.19% | +3.57% | Oct 29, 17:00 UTC | Finnhub |
| Tesla | $404.85 | +4.59% | +0.16% | Oct 29, 17:00 UTC | Finnhub |
| JPMorgan Chase | $343.46 | +1.23% | +1.23% | Oct 29, 17:00 UTC | Finnhub |
In the news
CoinDesk reported "Bitcoin drops to $80,000 on Fed dissent, Samsung, Alphabet earnings; AI tokens slump", published Oct 29, 11:11 UTC. cnbc.com reported "Alphabet drags on Nasdaq futures as the stock faces a record post-earnings loss", published Oct 29, 11:41 UTC. Yahoo reported "Fed Can't Beat Inflation Without Market Pain, Says Dawson", published Oct 29, 15:02 UTC.
- Bitcoin drops to $80,000 on Fed dissent, Samsung, Alphabet earnings; AI tokens slump — CoinDesk, Oct 29, 11:11 UTC
- Fed Can't Beat Inflation Without Market Pain, Says Dawson — Yahoo, Oct 29, 15:02 UTC
- Alphabet drags on Nasdaq futures as the stock faces a record post-earnings loss — cnbc.com, Oct 29, 11:41 UTC
- Stock Market Today: Nasdaq Sells Off After Inflation Data; Alphabet Plummets On Earnings (Live Coverage) — Yahoo, Oct 29, 13:44 UTC
What to watch
AMZN Q3 2026 earnings is scheduled Thu Oct 29 (after the close) with an EPS estimate of 2.00; XOM Q3 2026 earnings is scheduled Fri Oct 30 (before the open) with an EPS estimate of 4.12; CVX Q3 2026 earnings is scheduled Fri Oct 30 (before the open) with an EPS estimate of 4.93; and ABBV Q3 2026 earnings is scheduled Fri Oct 30 (before the open) with an EPS estimate of 3.83, according to finnhub.
- Thu Oct 29 (after the close) — AMZN Q3 2026 earnings · EPS estimate 2.00
- Thu Oct 29 (after the close) — INTC Q3 2026 earnings · EPS estimate 0.40
- Thu Oct 29 (after the close) — INGM Q3 2026 earnings · EPS estimate 0.79
- Thu Oct 29 (after the close) — WKC Q3 2026 earnings · EPS estimate 0.97
- Thu Oct 29 (after the close) — SNDK Q1 2027 earnings · EPS estimate 47.15
- Fri Oct 30 (before the open) — XOM Q3 2026 earnings · EPS estimate 4.12
Sources and data
- CoinDesk (secondary source) — Bitcoin drops to $80,000 on Fed dissent, Samsung, Alphabet earnings; AI tokens slump
- Yahoo (secondary source) — Fed Can't Beat Inflation Without Market Pain, Says Dawson
- cnbc.com (secondary source) — Alphabet drags on Nasdaq futures as the stock faces a record post-earnings loss
- Finnhub (market data) — market data
Market data as of Oct 29, 17:00 UTC; report generated Oct 29, 17:00 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.
Inflation
The rate at which the general level of prices rises over time, reducing what money can buy.
Earnings per share (EPS)
A company's net profit attributable to ordinary shareholders divided by its average number of shares.
Sources & data
- CoinDesk (secondary, retrieved Oct 29, 2026, 05:03 PM UTC)
- Yahoo (secondary, retrieved Oct 29, 2026, 05:03 PM UTC)
- cnbc.com (secondary, retrieved Oct 29, 2026, 05:03 PM UTC)
- Finnhub (market-data, retrieved Oct 29, 2026, 05:03 PM UTC)
Market data as of Oct 29, 2026, 05:00 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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