Alphabet and Microsoft Shares Are Down on Yesterday’s Earnings. 10/26/22

Alphabet shares are plunging after missing Q3 earnings expectations on both the top and bottom lines. CFRA’s Angelo Zino explains what this means for the company going forward. Plus, despite reporting better-than-expected revenue and EPS numbers, Microsoft is warning of a PC slowdown that will likely impact growth for tech. Griffin Securities’ Jay Vleeschhouwer gives his thoughts. And, a new poll from Reuters today finds that professional forecasters believe the global economy is approaching a recession as central banks continue rising rates to bring down inflation. Van Lanschot Kempen’s Anneka Treon weighs in.