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【US Pre-Market】Google, Marvell Both Fall Over 11%, Lumentum Rises Over 6%; Amazon, Intel to Report Earnings After the Close

【US Pre-Market】Google, Marvell Both Fall Over 11%, Lumentum Rises Over 6%; Amazon, Intel to Report Earnings After the Close

TradingKey – In pre-market trading on October 29 ET, futures on the three major U.S. stock indexes weakened across the board. As of press time, Dow futures fell slightly by about 0.08%, S&P 500 futures dropped about 0.28%, and Nasdaq 100 futures slid roughly 1%.

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[Source: Investing]

Alphabet (GOOGL) fell short of market expectations, and concerns over cash flow pressure caused by AI infrastructure investments weighed on tech stocks. Meanwhile, Microsoft (MSFT) rose 1.6% on solid cloud business growth and steady cash flow performance.

Investors will also focus on the preliminary reading of U.S. Q3 GDP, September PCE inflation data, as well as post-market earnings reports from Amazon (AMZN) and Intel (INTC).

In commodities, as of press time,…

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