Digging in on the first round of Big Tech earnings, and What’s Next for the Fed 10/29/25

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 29 October 2025

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Stocks hitting fresh record highs before pulling back as the Fed cuts interest rates for the second time this year. What Chair Powell had to say about the labor market, inflation, and the central bank’s December meeting. Plus, Big Tech reporting results, as Alphabet, Microsoft, and Meta all deliver results. The details from the company conference calls, and what a top tech analyst sees in store for the group post earnings. Fast Money Disclaimer

Transcript

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0:00.0	Live from the NASDAQ market site in the heart of New York City's Times Square, this is fast money.
0:06.7	Here's what's on tap tonight.
0:08.1	A $10 trillion night of earnings.
0:10.1	We'll dig into the results from a trio of big tech stocks and a bunch of names of others on the move after hours.
0:15.3	And the Fed in focus, the central bank cutting rates as expected.
0:18.4	But saying another one this year is far from certain the impact on markets and what to expect from the central bank through rates as expected, but saying another one this year is far from certain
0:21.1	the impact on markets and what to expect from the central bank through year end.
0:25.4	Plus the headline sending Fintech FISA to its worst day on record.
0:29.7	Caterfiller digs up some big gains after earning some Boeing shares grounded after the company
0:34.2	takes a massive charge, what it'll take for the stock to get back off the runway. I'm Melissa Lee coming to you live from studio, be at the NASDAQ. On the desk tonight, Karen Feinerman, Dan Nathan, Guy Adami, and Michael Kontopoulos, Deputy Chief Investment Officer at Richard Bernstein Advisors. Great to have you, Michael. And we start off with that monster night of earnings from big tech to big burritos. Yeah, big burritos. We're watching all the after hours action in these talks.
0:56.0	Julie Worson's dialed in on the Metacall.
0:58.0	Steve Kovac has got all the details on Microsoft, Kate Rogers,
1:01.0	sipping on Starbucks, chomping on some Chipoli.
1:04.0	We start off with alphabet trading at new records after beating revenue estimates.
1:08.0	Mack Mack.
1:09.0	McKinsey's results show clear upside from its AI push. The biggest concern revenue estimates. McKenzie Segalis is digging into those numbers. Hey, Mac.
1:16.4	Best results show clear upside from its AI push. The biggest concern going in was search.
1:21.0	Its core revenue engine and a key read on both the ad market and whether GenAI is starting to cannibalize the business, but that segment beat by $1.5 billion. Its chatbot Gemini now has
1:27.2	650 million monthly active users, not far behind chatGBT's
1:31.5	800 million weekly.
1:33.1	Cloud also showing strength, topping estimates on the back of new AI deals with meta and
1:38.1	OpenAI.
	...

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