S&P 5007,722.60▲0.6% Nasdaq26,477.81▲1.2% Dow52,377.57▲0.0% Russell 2K2,818.87▲1.2% 10-Yr4.99%+1bp VIX17.52−0.87 WTI$100.46▼1.3% Gold$4,079.60▲1.0% EUR/USD1.113▼0.4% BTC$79,117▼2.6% Nikkei64,131▲3.1%
At close · Wed, Oct 28, 2026
Daily Market Updates.

US Markets

Home›US Markets›Equities›Microsoft Up, Google Down. A Tale of Two Hyperscalers.

Microsoft Up, Google Down. A Tale of Two Hyperscalers.

Reported · Written up by our desk · Equities

Investors are showing little patience for lavish spending and meager returns on companies’ artificial intelligence bets.

← Newer storyWTW grows Q3’26 revenue by 8% to $2.46bn

More like this

US MarketsBig Tech’s Data Center Blitz Is Burning Through Cash and Scaring Wall Street
US MarketsAlphabet Stumbles, U.S. Economy Surges
US MarketsRare Stanley Druckenmiller post sends crypto-linked stock surging
US MarketsCruise companies aim to keep fuel costs down. Their strategies for doing so differ
US MarketsUS interest rates held steady and economy grows - what it means for you

Sources

NYT BusinessMicrosoft Up, Google Down. A Tale of Two Hyperscalers.

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.