Amazon will announce its 2026年第三季 earnings after the US market close on 29日, with market consensus revenue at about 2021.1億美元, focusing on whether AWS growth can sustain its acceleration and whether the 第四季 operating income outlook is strong.
Global Markets
All three major US stock indexes fell Thursday, as Alphabet's third-quarter earnings and revenue missed expectations, plunging over 12%. Microsoft gave up gains, Caterpillar and NVIDIA weakened, the PHLX Semiconductor Index declined, and TAIEX futures in the night session temporarily fell 86 points to 46483.
US September CPI rose to 3.7% year-on-year, with oil prices driving inflation higher, but employment cooled with low hiring and low layoffs, reducing the need for further Fed rate hikes. If a soft landing is achieved, US stocks have gained an average of 23% in the year after rate hikes stop.
The US Federal Reserve held interest rates steady, September PCE rose 3.6% year-on-year in line with expectations, third-quarter GDP grew at an annualized rate of 3.4% beating expectations, Alphabet's disappointing earnings dragged down tech stocks, and on the 29th the four major US stock indexes opened lower together, with Taiex futures in the night session weakening in tandem.
The U.S. Federal Reserve held rates steady, U.S. stocks rose. On the HSI futures settlement day, the Hang Seng Index held steady in choppy morning trade, selling pressure widened in the afternoon, ending down 136 points at 22958, falling below the 23,000 mark, with turnover of 1894.53 hundred million yuan.
The US Federal Reserve held rates steady at 3.75% to 4%, with all four major US indexes closing higher and the Philadelphia Semiconductor Index surging 1.75%. TSMC ADR rose for a fourth straight session as markets focus on a possible year-end rate hike and await Alphabet and Microsoft earnings.
Ahead of the Federal Reserve rate decision, U.S. stocks moved in a narrow range. SK Hynix surged on record quarterly profit in its U.S.-listed shares, lifting Micron and other chip stocks. Taiwan index futures in the night session edged up 9 points to 47258, with markets focused on Chair Warsh's remarks.
The Fed rate decision will be announced at 29日凌晨 Taiwan time, with CME pricing in an over-90% chance of a hold. On the 28th, all four major U.S. indexes opened higher, the Philadelphia Semiconductor Index rose over 100 points, SK Hynix reported strong earnings, and Taiwan index futures in night trading held above 47K.
ARK Invest recently took profits on semiconductor holdings, selling about $22.5 million in AMD and TSMC, and adding about $6.8 million in Archer and Joby, shifting capital toward the electric air taxi group, with the market watching upcoming earnings.
The stock market capitalization-to-GDP ratio favored by Buffett has reached about 233%, far above the 200% warning line. History shows high valuations are often followed by corrections. Experts advise focusing on quality companies to navigate volatility, and investors should carefully assess risks.
Lam Research rebounded 3.22% on the 26th to close at $237.5, with Q1 FY2027 EPS of $2.20 and revenue of $8.22 billion both hitting record highs, though supply chain bottlenecks weighed on guidance, as upgraded ratings and a steadier U.S. market drove a rebound from deep losses.