Alphabet shares fell about 12 percent on Thursday, their worst day on record, erasing roughly $500 billion in market value after its third-quarter report. Negative free cash flow of $9.1 billion and capital spending of $51.4 billion weighed on the stock, and Google search revenue growth slowed to 12 percent. Amazon's free cash flow also turned negative for a second straight quarter, and the Nasdaq fell 2.9 percent on Friday. Alphabet, Amazon, Meta and Microsoft have outlined plans to spend more than $740 billion on capital expenditure this year. Apple reported its best-ever fiscal year, with iPhone revenue up 17.5 percent, but shares fell in premarket trading on Tuesday as it warned of higher memory costs.
Istanbul
3 stories since 27 October 2026, newest first
31 October 2026
30 October 2026
Crypto exchange Binance says hackers took about $6.3 billion in client assets on 30 Oct, the largest crypto theft on record. Binance says it has covered around 95 % of the losses from its own funds. The FBI attributes the attack to North Korean hackers, identifying the operation as TraderTraitor. Circle and Tether froze billions in stolen stablecoins. Binance suspended withdrawals and began phased resumption on Sunday, 1 Nov. It processed $4.65 billion in withdrawals and $1.01 billion in deposits that day. Binance says net outflows were $3.64 billion, about 2.1 % of its assets.
27 October 2026
The 27 Oct election results will be certified and delivered to President Isaac Herzog on 4 Nov, confirming that Netanyahu's bloc secured 53 seats while the Change bloc won 48 and Arab parties captured a record 19 seats, leaving no side with the 61 seats needed to form a government. Voter turnout reached 77.7%, the highest since 1999. Herzog can assign a 28‑day coalition mandate, extendable by 14 days, and is expected to consult party leaders before deciding whom to task with building a coalition.