Cohere

Cohere raises capital with Nvidia and Canada support

The AI firm secured new investment from Nvidia and the Canadian government, setting its value above $20 billion.

Oct 29, 2026, 11:47 AM ETNVDA-0.8%

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HotAlphabet Earnings

Alphabet shares drop 13 percent on record AI spending

Alphabet shares fell 13 percent, wiping out about $500 billion in value, after quarterly free cash flow turned negative due to high AI costs. Revenue missed expectations, and the company plans an $85 billion equity raise.

9:44 AM ETGOOGL-12.4%MSFT-1.1%NVDA-0.8%

HotAnalyst Ratings

Analysts raise Microsoft targets, cut Alphabet and Fortinet views

Wall Street firms updated ratings after earnings, with Microsoft targets rising on Azure growth. Alphabet and Fortinet faced downgrades or target cuts due to search and product growth concerns.

9:10 AM ETMSFT-1.1%GOOGL-12.4%FTNT-22.3%NVDA-0.8%

HotAlphabet Earnings

Alphabet shares fall 10 percent after search revenue misses estimates

Alphabet shares dropped about 10 percent after hours as search revenue grew 12 percent to $63 billion, missing expectations for the second consecutive quarter. Google Cloud revenue doubled to nearly $31 billion, but free cash flow fell to negative $9 billion.

8:56 AM ETGOOGL-12.4%MSFT-1.1%AMZN-3.3%NVDA-0.8%

Firmus IPO

ASIC reviews failed Nvidia-backed Firmus IPO

Australia's corporate regulator is examining the collapsed $5 billion Firmus offering, which valued the AI data center firm at $30.6 billion. The review focuses on whether lead managers overstated investor demand prior to the October 9 failure.

8:24 AM ETNVDA-0.8%BAC+1.6%JPM+1.3%MS+1.1%

HotMicrosoft

Microsoft reports Q1 capex miss and strong Azure growth

Microsoft said first-quarter capital spending fell short of targets due to data center delays, though Azure revenue grew 49 percent. The company expects second-quarter spending to exceed $50 billion.

Yesterday 6:01 PMMSFT-1.1%NVDA-0.8%

HotServiceNow

ServiceNow beats revenue estimates, raises AI contract target

ServiceNow reported third-quarter revenue of $4.106 billion, up 20.5 percent year over year, while adjusted earnings per share of $1.00 missed estimates. The company increased its fiscal 2026 AI annual contract value target to $1.7 billion from $1 billion.

Yesterday 4:12 PMNOW-25.9%NVDA-0.8%

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