Asian markets fluctuate amid mixed AI earnings and Fed interest rate decision
Story essentials
Federal Reserve, Alphabet, Microsoft, Samsung Electronics
Asia, United States
October 29, 2026
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COMPAMIR Editorial Team
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Read our editorial policy- Earlier version 110/29/2026, 8:41:04 AM
Asian shares fell as AI-related earnings showed mixed results. Alphabet shares dropped 10% due to high cash burn, while Microsoft rose 3%. The Federal Reserve held interest rates steady, though two members voted for a hike. Samsung Electronics reported record operating profit but saw shares slide.
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