Tatton says Alphabet cashflow concerns weigh on US tech stocks
- Markets could struggle until US midterm election uncertainty clears, with investors prioritizing cash flow over AI spending.
- Alphabet shares fell 13% Thursday as third-quarter 2026 cash outflows reached $9.1 billion, triggering broader US technology selling.
- Anthropic's IPO, scheduled for mid-November, will test AI investment confidence at a reported $1.5 trillion-$2 trillion valuation despite billion-dollar losses.
- Markets price in a December US interest rate increase, with potentially two more in 2027 as inflation remains above 2%.
- Crude oil reached $113 per barrel amid rumors of a post-election Iran strike, threatening renewed pressure on government bond yields.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tatton Asset Management plc published the original content used to generate this news brief on October 30, 2026, and is solely responsible for the information contained therein.