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The Open Bell — Ep. 093 — 29 Oct 2026
Published 21 hours ago
Description
Today on The Open Bell:
The Fed held rates steady, but two of its own members voted to raise them, and if you think that makes December's meeting a done deal, the Fed's own internal math would like a word.
Alphabet reported $128 billion in quarterly revenue, beat almost every number on the sheet, and still watched its stock tumble roughly 9% after hours, because Google's search business missed by $2 billion and Wall Street is now asking out loud whether AI chatbots are actually chipping away at the world's biggest advertising engine.
Yemen's Houthi movement is claiming a ballistic missile strike on Ras Tanura, Saudi Arabia's largest oil refinery, processing 550,000 barrels a day, and even with Saudi air defenses saying they intercepted it, the global oil market didn't wait around to find out who was right.
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Not investment advice. For informational purposes only.
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Chapters:
00:00 Introduction
00:16 Fed Holds at 3.75–4.00% in 10-2 Vote as Two Officials Push f
03:14 Alphabet Misses on Revenue and Search; Stock Tumbles ~9% Aft
05:58 Houthi Ballistic Missile Strike Claimed on Saudi Ras Tanura
08:06 Closing thoughts