Simone Rizzetto
🗞️Busy 24h in markets 🗞️ 🔹Fed cut rates by 25 bps, but Powell said a December cut is far from guaranteed. 🔹$GH (Guardant Health Inc) soared >30% after strong Q3 revenue (+39% YoY) and raised full-year outlook. 🔹$MSFT (Microsoft) reported good numbers but warned about AI capacity constraints, limiting upside. 🔹$GOOGL (Alphabet Inc Class A) posted record revenue (~$102 B) with double-digit growth across segments. 🔹$META (Meta Platforms Inc) fell ~9% despite revenue beat, hit by a $15.9 B tax charge and higher 2026 expenses. 🔹$MRK (Merck & Co.) beat estimates but shares dropped due to increasingly high dependence on Keytruda which will go off-patent in 2028. 🔹$BBIO (Bridgebio Pharma Inc) released another positive Phase 3 readout, but weak earnings erased prior gains despite revenue beat.
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