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Global Markets Pause as Qualcomm Soars; Earnings Loom

10/29/2025

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Summary

Story summary

Global share prices paused rally on October 28, 2025, as expectations for lower borrowing costs weighed on the dollar.
Qualcomm rose 11% after launching AI chips.
Microsoft and Amazon are set to report earnings this week, with Amazon planning to cut 30,000 jobs.
The Federal Reserve is anticipated to cut rates, with the Bank of Japan possibly holding steady, and oil prices easing as OPEC+ considers December output.

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Story summary

Global share prices paused rally on October 28, 2025, as expectations for lower borrowing costs weighed on the dollar.
Qualcomm rose 11% after launching AI chips.
Microsoft and Amazon are set to report earnings this week, with Amazon planning to cut 30,000 jobs.
The Federal Reserve is anticipated to cut rates, with the Bank of Japan possibly holding steady, and oil prices easing as OPEC+ considers December output.