SQUAWK BOX, WEDNESDAY 26TH OCTOBER, 2022

Asia-focused bank Standard Chartered beats expectations, posting a 40 per cent jump in Q3 profit on the back if rising rates. Spanish lender Santander see net quarterly profit of €2.4bn. It says it is confident it will hit its full-year targets. Declining ad revenue causes Google parent company Alphabet to miss on its top and bottom lines for the third straight quarter. Microsoft shares are down despite beating estimates. It warns that its cloud business is experiencing a marked slowdown, posting its smallest revenue growth in 5 years.