Earnings from Google and Microsoft and a Fed rate decision: What to Watch

Earnings from Google and Microsoft and a Fed rate decision: What to Watch

By Yahoo Finance Video
Publication Date: 2026-10-28 00:00:00

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Time now for what to watch on Wednesday, October 28th.

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Another heavy hitting day for earnings. Alphabet and Microsoft are up next from the Magnificent 7 to report their quarterly results.

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Investors will keep a close eye on the cost of financing AI investments when digesting the outlook for these mega tech giants.

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Microsoft in particular under the microscope after its announcement of offering buyouts to upward of 60,000 eligible employees.

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This comes as the company seeks to trim expenses amid this massive AI buildout that we’re hearing so much about.

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However, outside of AI, traders can look forward to earnings from FedEx, T-Mobile, Ford, also Chipotle, all expected to report after the market close.

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Lastly, Wall Street is also looking ahead to the Federal Reserve’s policy-making decision on…