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PropMarketCapFRESHCurrencies, commodities and indices

GOOG -13% in minutes: Alphabet lost $522 billion due to SpaceX revaluation

At the market open on Thursday, Alphabet (Google's parent company) shares plunged 13.18% to $279.47 - the strongest one-day drop in the company's history. About $522 billion was wiped off its market capitalization, which fell to $3.44 trillion.

PropMarketCapFRESHCurrencies, commodities and indices

Alphabet -10% after earnings: Nasdaq 100 futures fall 1.2%

Alphabet (Google's parent company) shares plunged almost 10% in after-hours trading following its quarterly report. On the morning of October 29, this dragged Nasdaq 100 futures down to 29,620 points.

PropMarketCapFRESHCurrencies, commodities and indices

Alphabet shares on Nasdaq -10% after earnings: AI expenses ate cash flow

Alphabet (Google's parent company) reported for Q3 on the evening of October 28 at 23:00 Moscow time and lost 10% in the evening session. It wasn't revenue that let it down, but profit and cash: free cash flow went negative for the second quarter in a row.

PropMarketCapFRESHMacroeconomics and central banks

Evening of October 28: Fed meeting today at 21:00 and Microsoft and Alphabet earnings

Today the Fed announces its rate decision at 21:00 MSK, and after the US session closes Microsoft and Alphabet report - the first two of the companies whose AI infrastructure spending drives Nvidia's revenue. Heading into the event, the Nasdaq Composite stood at 26,477.81 points.

PropMarketCapFRESHCurrencies, commodities and indices

Cyberattack on GMO: 26,739 servers at risk, OANDA Japan pauses withdrawals

GMO Internet's cloud hosting, where traders keep MetaTrader terminals and trading robots, was hacked. Broker OANDA Securities Japan postponed client payouts on October 22 to check applications for fraudulent transfers.

PropMarketCapFRESHCompany

Kazakhstan takes crypto regulation to court: ban in AIFC for Coinbase, HTX and 4 exchanges

The AFSA regulator reported on October 20 that the court of the Astana International Financial Centre (AIFC) has banned six crypto platforms from providing and advertising services with digital assets without a license. The ban applies within the financial centre and is not nationwide.