NVIDIA Corporation

Microsoft Corporation

Boosting shipments of powerful processors will drive Nvidia shares up nearly 75%, says Loop Capital

Nvidia shares surge: the U.S. has granted a license to export its AI chips to the UAE

Microsoft recorded a $4.1 billion <a href="https://www.microsoft.com/en-us/Investor/earnings/FY-2026-Q1/press-release-webcast">loss write-down</a> in the third quarter related to its investment in OpenAI. This amount was up 490% year-on-year. Bernstein analyst Firoz Valligi estimates that this means that OpenAI's net loss for the quarter could have exceeded $12 billion, as Microsoft's stake in OpenAI was 32.5%, The Wall Street Journal <a href="https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-10-31-2025/card/openai-made-a-12-billion-loss-last-quarter-microsoft-results-indicate-e71BLjJA0e2XBthQZA5X?mod=lctimeline_finance">reported</a>.

Record loss: OpenAI could lose more than $12 billion in third quarter - WSJ

Alphabet Inc.

ServiceNow, Inc.

Carvana Co.

The Boeing Company

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research

Morning in New York: geopolitics in the spotlight

Meta Platforms, Inc.

China and the U.S. have agreed on a trade deal that includes a reduction in some duties. Alphabet reported record revenue of $102.4 billion and Google Cloud division grew 34%, becoming the main beneficiary of the AI boom. The IPO of ChatGPT chatbot developer OpenAI could take place in 2026 and bring its valuation to $1 trillion. These and other topics are covered in our review of key events for the morning of October 30.

Highlights for the morning: Alphabet and Microsoft records, US-China deal, OpenAI IPO

Technology giant and one of the leaders of the artificial intelligence race Microsoft confidently exceeded expectations for revenue and profit in the third quarter. In addition, the company surpassed forecasts for the growth of its cloud business, which added 40% at once. However, the company's shares were down about 4% in extended trading. Investors were probably concerned about the company's steeper-than-expected cost growth.

Microsoft beat revenue and profit expectations, but the stock fell. What's the story?

Apple Inc.

Apple's market value crossed the $4 trillion mark for the first time in trading on Oct. 28. This record was the result of a strong rise in the company's stock price in recent weeks, with the iPhone 17 models released in September showing higher sales than their predecessors, CNBC <a href="https://www.cnbc.com/2025/10/28/apple-microsoft-4-trillion-market-cap.html">explains</a>.

Apple's capitalization hits $4 trillion mark for the first time - thanks to demand for iPhone 17

Microsoft has signed a new partnership agreement with OpenAI, of which it was an early shareholder, the ChatGPT developer <a href="https://openai.com/index/next-chapter-of-microsoft-openai-partnership/">said</a>. The deal "removes uncertainty for investors in both companies and opens the way for the ChatGPT developer to restructure into a commercial business," Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-10-28/microsoft-to-get-27-of-openai-access-to-ai-models-until-2032">writes</a>.

Microsoft's capitalization soared above $4 trillion on news of the OpenAI deal

Microsoft stock is expensive and unlikely to get cheaper in the foreseeable future, but almost all analysts advise buying it 

'Boredom is beautiful': why are already 99% of analysts advising to buy Microsoft stock?

The latest <a href="https://oninvest.com/article/amerikanskie-akcii-obnovili-rekord-posle-surpriza-v-otcete-ob-inflacii">data</a> on weaker-than-expected inflationary pressures in the U.S. will almost guarantee a quarter percentage point cut in the Fed Funds rate this week, <a href="https://www.barrons.com/articles/fed-rate-decision-unitedhealth-apple-microsoft-visa-earnings-fe0b3864?mod=RTA#:~:text=That%20data%20point%20all%20but%20seals%20a%20quarter%2Dpoint%20rate%20cut%20at%20the%20Federal%20Open%20Market%20Committee%E2%80%99s%20confab%2C%20which%20will%20take%20place%20on%20Tuesday%20and%20Wednesday.">writes</a> Barron's. Decisions on monetary policy will also be made by the European Central Bank and the Bank of Japan.

Fed rate decision and Magnificent 7 earnings: what to expect for investors this week

Nebius Group N.V.

Amazon.com, Inc.

CoreWeave, Inc.

Arkady Volozh can be called the "champion of leaving Russia" - after his "divorce" from Yandex, he managed to get $5.2 billion for his stake and several foreign businesses and assets, get out of sanctions and use his Russian connections to establish business in the West

The Secret of Nebius: How Arkady Volozh launched a second global startup - already in the West

Tesla, Inc.

The "Magnificent Seven" companies will start reporting this week - Tesla will be the first to do so on October 22, and Nvidia will be the last to release its quarterly results on November 19.

Leaders and Outsiders: What's important to know before the start of Magnificent Seven reporting

Micron Technology, Inc.

Alibaba Group Holding Limited

A breakdown of Appaloosa's longest-held positions, from tech giants to insurance companies and energy-sector firms