Nasdaq Futures Fall as Alphabet Results Renew AI Spending Concerns

The latest report

Reuters reported that Nasdaq futures fell about 1% in its 29 October market snapshot. Alphabet shares declined in premarket trading after weaker search-advertising results and higher artificial-intelligence-related spending.

Microsoft shares rose as investors responded to its cash-flow performance and cloud outlook. Fortinet and ServiceNow shares also declined following their results, according to the report.

What traders are watching

The contrasting reactions underline how investors evaluate both business growth and the cost of funding that growth. Large technology shares can influence broad equity benchmarks, but an early futures move does not determine the regular session's outcome. All moves above are dated reference observations.