Google disappointed yesterday and drags Nasdaq futures lower; Asia mixed

Nasdaq futures are down about 1.4% this morning following disappointment from Alphabet's earnings, which plunged in after-hours trading. In contrast, Microsoft smashed expectations with $92 billion in revenue. Asia shows a mixed trend: Samsung posted a 783.11% surge in operating profit, but the Kospi plunges 2.2%. The Fed left interest rates unchanged.

Futures on the Nasdaq index are down about 1.4% this morning, following disappointment from Alphabet (Google) earnings, which fell about 8% in after-hours trading. In contrast, Microsoft smashed expectations with $92 billion in revenue and earnings of $4.89 per share, driven by 48% growth in Azure cloud revenue. Asia shows a mixed trend: Japan's Nikkei rose 0.2% and Hong Kong's Hang Seng added 0.1%, while China's Shanghai Composite weakened 0.9% and South Korea's Kospi plunges 2.2% despite record results from Samsung, which posted a 783.11% surge in operating profit. The Federal Reserve left interest rates unchanged in the 3.75%-4% range, as expected. Oil is experiencing renewed cooling amid mediation efforts in the Middle East.