S&P Futures are pushing higher this morning as mega-cap tech earnings keep the momentum going. AI and datacenter strength remain front and center, with NVIDIA announcing major South Korean partnerships and Netflix making headlines with a 10-for-1 stock split. Disney’s dispute with YouTube TV adds a twist to media headlines, while META’s bond demand surges. Tune in for a full market breakdown — from AMZN and COIN gains to a busy lineup of after-the-bell reports.

Thursday Oct 30, 2025

Thursday, October 30: A Post-Powell Pullback and Tech Margins, How Markets Are Reacting

Thursday Oct 30, 2025

S&P Futures are pointing lower this morning as investors digest a wave of earnings, Fed commentary, and geopolitical updates. Mega-cap tech continues to deliver strong margins, though Microsoft’s softer PC outlook weighed on its guidance. Fed Chair Jerome Powell struck a hawkish tone in yesterday’s press conference, signaling that a December rate cut is not a foregone conclusion. Meanwhile, U.S.–China talks wrapped up as expected, easing trade tensions with no surprises.

We’ll also touch on YouTube’s expiring agreement with Disney, the FDA’s push to streamline biologic drug testing, and the latest corporate movers — from GOOG and LLY to META, MSFT, and MRK. After the bell, all eyes turn to Apple, Amazon, Coinbase, Reddit, and Roku, with ABBV, CVX, and XOM set to report tomorrow morning.