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US pre-market news at a glance: FOMC showdown night, three major futures mixed, Google and Microsoft to report after the bell.

BlockBeats news, October 28, Wednesday pre-market, the three major stock index futures are mixed. According to Bitget market data, Dow futures fell 0.13%, Nasdaq futures rose 0.43%, and S&P 500 index futures edged up 0.19%. The Federal Reserve will announce its interest rate decision at dawn Beijing time on Thursday, which will be the most significant macro event tonight, and the market will closely watch the decision and subsequent Warsh remarks.


Other important pre-market news for US stocks on Wednesday is as follows:


1. Microsoft will report its fiscal 2027 first-quarter (ended September 30) results after the US market closes on Wednesday. According to Bloomberg consensus estimates, Microsoft's adjusted earnings per share for the quarter are expected to be $4.72, compared with $4.13 in the same period last year, a year-on-year increase of about 14%; revenue is expected to be $90.63 billion, compared with $77.67 billion in the same period last year, a year-on-year increase of nearly 17%.


2. Google will report third-quarter results after the US market closes on Wednesday. According to Bloomberg consensus estimates, Alphabet's third-quarter GAAP earnings per share are expected to be $2.99; total revenue is expected to be $127.93 billion, compared with $102.35 billion in the same period last year, a year-on-year increase of about 25%.


3. Oracle expands Nvidia Vera Rubin deployment to "multi-gigawatt" scale while bringing in Google and Cerebras chips. Tuesday news: Oracle Cloud Infrastructure will expand deployment of Nvidia's latest-generation Vera Rubin AI servers to "multi-gigawatt" scale, and the two sides did not disclose the transaction amount. Nvidia CEO Jensen Huang previously said that the Vera Rubin system can bring up to $40 billion in revenue to Nvidia per gigawatt.


At the same time, Oracle is also bringing in chips from Google parent Alphabet and Cerebras Systems to diversify its computing power supply.


4. SK Hynix says DRAM and HBM capacity through 2029 has been fully sold, and third-quarter operating profit exceeded expectations;


5. Apple will hold its second October event at 1:00 a.m. Beijing time on Thursday, and is expected to launch its first touchscreen MacBook and a new iPad mini.

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