Market news for October 29 2026: Alphabet's shares tumbled 10% on heavy AI cash burn, erasing nearly $400 billion in market value, while Microsoft beat forecasts with robust cash flows to lift its shares, highlighting a stark Big Tech divergence ahead of key earnings.

Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region.

Written by: Howie Lim (howielim@sph.com.sg)

Produced and edited by: Chai Pei Chieh & Claressa Monteiro

Produced by: BT Podcasts, The Business Times, SPH Media

Produced with AI text-to-speech capabilities

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