Today is Thursday, October 29, 2026.
The Early Bird Index today is 85.38.
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Google’s AI Mode Pays Less 🔍
Google parent Alphabet $GOOGL ( ▲ 1.34% ) fell 9.74% in after-hours trading on Wednesday after the company posted disappointing financial results.
Financials: Alphabet reported earnings of $2.12 per share in the past quarter and revenue of $127.6 billion. Both were lower than expected.
Powering the Story: Revenue for Google Search grew 12%, down from 17% growth in the previous period. One culprit for the decline was lower monetization in AI Mode for search.
Early Bird’s Nest Egg Gains: Alphabet’s AI Mode is less monetized mainly because usage is growing faster than its advertising system.
Final Thoughts: Alphabet’s stock is now in the red for 2026.
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Notables
Notable Earnings Today: Caterpillar (NYSE: CAT), Amazon (Nasdaq: AMZN), Intel (Nasdaq: INTC), Eli Lilly (NYSE: LLY), Starbucks (Nasdaq: SBUX), Sandisk (Nasdaq: SNDK), Reddit (NYSE: RDDT), Rivian Automotive (Nasdaq: RIVN), Twilio (NYSE: TWLO), Coinbase Global (Nasdaq: COIN), Roblox (NYSE: RBLX), Mastercard (NYSE: MA), Carrier Global (NYSE: CARR), Merck (NYSE: MRK), Vulcan Materials (NYSE: VMC), Gilead Sciences (Nasdaq: GILD), L3Harris (NYSE: LHX), Hershey Foods (NYSE: HSY), Mondelez Int'l (Nasdaq: MDLZ), STMicroelectronics (NYSE: STM), Enterprise Products (NYSE: EPD), Cognizant Tech (Nasdaq: CTSH), Insmed (Nasdaq: INSM), PBF Energy (NYSE: PBF), Alnylam Pharma (Nasdaq: ALNY), Altria (NYSE: MO), Ameriprise Financial (NYSE: AMP), Ares Management (NYSE: ARES), Arthur J. Gallagher (NYSE: AJG), Bristol-Myers (NYSE: BMY), Cheniere Energy (NYSE: LNG), CRH Plc. (NYSE: CRH), D.R. Horton (NYSE: DHI), Digital Realty Trust (NYSE: DLR), Edison (NYSE: EIX), EMCOR Group (NYSE: EME), Howmet Aerospace (NYSE: HWM), Intercontinental Exchange (NYSE: ICE), Illumina (Nasdaq: ILMN), Ingersoll-Rand (NYSE: IR), Linde plc (Nasdaq: LIN), Monolithic Power (Nasdaq: MPWR), Quanta Services (NYSE: PWR), Republic Services (NYSE: RSG), Stryker (NYSE: SYK), Veralto (NYSE: VLTO), West Pharm (NYSE: WST), Willis Towers Watson (Nasdaq: WTW), Xcel Energy (Nasdaq: XEL).
Notable IPOs Today: Georgia Banking Company, Inc. Common Stock (Nasdaq: GBC), Deep Sea Minerals Corp. American Depositary Shares (Nasdaq: SEAM), BHAV Acquisition Corp II Unit (Nasdaq: BHAIU).
Notable Equity Crowdfunding Campaigns Ending Today: Ola Brew (StartEngine), Yakuru (Republic), Jordan Energy (Honeycomb Credit), Sunpath Solar (Honeycomb Credit).
Notable Economic Events Today: GDP (8:30 a.m. ET), Jobless Claims (8:30 a.m. ET), Core PCE Price Index / PCE Price Index (8:30 a.m. ET), Personal Spending (8:30 a.m. ET), Fed's Balance Sheet (4:30 p.m. ET).
Microsoft's Cloud Revenue
Microsoft $MSFT ( ▼ 0.06% ) jumped 2.88% in after-hours trading on Wednesday after the company posted good financial results.
Financials: Microsoft reported earnings of $4.89 per share in the past quarter and revenue of $92.3 billion. Both were better than expected. Cloud revenue also jumped 30%.
Final Thoughts: The stock had already been up 12% this year.
ServiceNow’s Bad Results
ServiceNow $NOW ( ▼ 3.0% ) plunged 18.10% in after-hours trading on Wednesday after the software company posted financial results that fell short of expectations.
Financials: ServiceNow reported earnings of $1 per share in the past quarter and revenue of $4.1 billion. Both were lower than expected.
Final Thoughts: Before these results, ServiceNow’s stock was down 19% over the last 12 months.

Trends to Watch
Good Question: Did the Fed just make a huge mistake? (CNN)
Big Prediction: Bitwise raises bitcoin price target to $1.6 million by 2036, projects 34% annualized returns (The Block)
Plunging: Bitcoin Treasury Datavault AI Says It Can’t Access Its BTC, Stock Tanks (Decrypt)
Delivered: FedEx beats expectations, raises outlook in first report since calendar adjustment (CNBC)
Answering the Call: T-Mobile Profit, Revenue Rise on Postpaid Growth (Wall Street Journal)
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