MGK is trading at $89.50 (-1.53%) in after-hours trading as Alphabet’s disappointing results and negative free cash flow weigh on large-growth tech. - Alphabet fell about 9%; Microsoft rose after beating earnings and reporting 48% Azure growth. - The move appears company-led within the tech-heavy portfolio, not a broad-market selloff; major indexes were little changed, while semiconductor shares supported technology during regular trading. - The Fed held rates steady, but its policy outlook remains relevant to growth-stock valuations.