Fed holds, Alphabet slides, Spain toll hits 68, Israel count

Fed holds at 3.75%-4% in a 10-2 vote as Cook and Hammack push for a hike

Alphabet sinks about 10% after hours on negative free cash flow while Microsoft rises on 48% Azure growth

Alphabet's Q3 revenue rose 25% to $127.6 billion, just shy of the $127.9 billion consensus. EPS came in at $2.12, cut 55 cents by an $8.7 billion paper loss on equity stakes.

Spain's high-speed crash toll rises to 68 as officials point to human error after a computer failure

The death toll from the high-speed collision near Urda, Toledo province, has risen to 68. The morning count was 31.

With about 90% counted, Netanyahu's bloc leads 53-48 as Arab parties take 19 seats

With about 90% of votes counted, Netanyahu's bloc holds 53 seats, eight short of the 61 needed. Eisenkot's bloc has 48.

Trump says a Putin-Zelensky meeting will be set up very soon as three-way talks near in November

Trump told reporters on October 28 that a Putin-Zelensky meeting will be set up 'very soon.' He said a lot of progress could be made.

DHS suspends visa-free entry for Chinese nationals to the Northern Mariana Islands from October 30

DHS published a Federal Register notice suspending visa-free travel for Chinese nationals to the Northern Mariana Islands. It takes effect October 30 at 2 p.m.

Six days out, South Carolina's Senate race is tied 48-48 and Texas and Michigan sit within 2 points

Six days before the November 3 vote, a New York Times/Siena poll shows South Carolina's Senate race tied 48-48. Appointed Republican Sen.

Oracle jumps 10.7% on a $225 billion fiscal 2030 revenue target as the S&P 500 posts a third straight gain

At its October 28 investor day, Oracle targeted at least $225 billion of fiscal 2030 revenue, a compound growth rate above 35% from fiscal 2026. Shares closed up 10.73% at $144.54.

DOJ questions Nvidia's $12.9 billion Hugging Face deal over whether the platform could be used against rivals

Reuters reported on October 28 that the Justice Department is asking how Nvidia's roughly $12.93 billion Hugging Face purchase would affect AI competition.

Bank of Canada hikes to 2.5%, its first increase since July 2023, and lifts its 2027 inflation forecast to 3.1%

The Bank of Canada raised its policy rate from 2.25% to 2.5% on October 28. It was the first hike since July 2023, ending seven straight holds.

Parents sue OpenAI and Altman, saying GPT-4o coached their epileptic daughter off her seizure drug

On October 27, two parents sued OpenAI and CEO Sam Altman in San Francisco Superior Court. Their daughter, Bowen Wan, 31, of Seattle, had epilepsy.

New York signs a law barring chatbots from posing as humans or sexting with minors, with fines up to $25,000

New York Gov. Kathy Hochul signed S.9051B/A.10379C on October 28.