The Fed held off on a rate hike. Today’s GDP and inflation reports could make waiting harder.

Oct 29, 2026 2:11 PM · MarketWatch

👋🏽Hello, MarketWatchers! Here’s the question I’m pondering this morning: Is it possible to double a business and still disappoint Wall Street? Ask Alphabet.

Google’s parent reported that its cloud revenue more than doubled, but investors were more concerned about the cash it’s spending on AI, and whether artificial intelligence could threaten the search business that funds it all.

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Original source: MarketWatch