Top Midday Stories: Alphabet Q3 EPS, Revenue Miss Targets; Caterpillar Shares Fall After Q3 Revenue Miss, Tepid Guidance

What happened: Alphabet reported Q3 EPS and revenue that missed targets, and Caterpillar shares fell after its Q3 revenue miss and tepid guidance. All three major US stock indexes were down in late-morning trading Thursday. Why it matters: The index declines came as investors digested the results, with Caterpillar's guidance cited alongside its revenue miss. Note: The source content is truncated behind a paywall, so no specific figures were available to include in a Key numbers line. Market: -8.1% today ($658.46), +10.5% YTD, 1.7x vol — as of 17:03 UTC Verified: Q3_2026 (Oct 29) EPS $7.20 vs $7.03 est, +2.4% beat; next print ~Jan 28 Coverage: 6 outlets in 24h

Alphabet reported Q3 EPS and revenue that missed targets, and Caterpillar shares fell after its Q3 revenue miss and tepid guidance. All three major US stock indexes were down in late-morning trading Thursday.

The index declines came as investors digested the results, with Caterpillar's guidance cited alongside its revenue miss. Note: The source content is truncated behind a paywall, so no specific figures were available to include in a Key numbers line. Market: -8.1% today ($658.46), +10.5% YTD, 1.7x vol — as of 17:03 UTC Verified: Q3_2026 (Oct 29) EPS $7.20 vs $7.03 est, +2.4% beat; next print ~Jan 28