US Pre-Market News Roundup: FOMC Decision Night, Three Major Index Futures Mixed, Google and Microsoft to Release Earnings After Hours

Pre-market Wednesday saw mixed performance in the three major stock index futures: Dow Jones futures fell 0.13%, Nasdaq futures rose 0.43%, and S&P 500 futures edged up 0.19%, per Bitget’s market data. The Federal Reserve will announce its interest rate decision in the early hours of Thursday Beijing time—the most significant macro event tonight, with markets closely monitoring the decision and subsequent remarks from Fed Governor Waller. Key pre-market U.S. stock news on Wednesday: 1. Microsoft will release its Q1 FY2027 results (ending September 30) after U.S. Eastern Time Wednesday’s close. Bloomberg consensus estimates project adjusted EPS of $4.72 (up ~14% year-over-year from $4.13) and revenue of $90.63 billion (nearly 17% YoY growth from $77.67 billion). 2. Alphabet (Google’s parent) will report Q3 results after U.S. Eastern Time Wednesday’s close. Bloomberg consensus forecasts its Q3 GAAP EPS at $2.99 and total revenue at $127.93 billion (up ~25% YoY from $102.35 billion). 3. Oracle expands Nvidia Vera Rubin AI server deployment to multi-gigawatt scale, adds Google and Cerebras chips. On Tuesday, Oracle Cloud Infrastructure will scale its rollout of Nvidia’s latest Vera Rubin AI servers to multi-gigawatt capacity; no transaction value was disclosed. Nvidia CEO Jensen Huang previously noted each gigawatt of the Vera Rubin system could generate up to $40 billion in revenue for the chipmaker. Oracle is also integrating chips from Alphabet and Cerebras Systems to diversify its computing power supply. 4. SK Hynix says all DRAM and HBM capacity is sold out by 2029, with Q3 operating profit beating expectations. 5. Apple will hold its second October event at 1:00 AM Beijing time Thursday, where the first touchscreen MacBook and new iPad mini are expected to launch.