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Wall St futures hit record peaks as Meta, Microsoft results get AI boost
Meta Platforms soared 11.5% in premarket trading after the social media giant forecast third-quarter revenue well above estimates, thanks to AI boosting its core advertising business. Microsoft issued a record capital spending outlook of $30 billion for the current quarter and reported higher-than-expected sales in its Azure cloud computing business.
September S&P 500 E-Mini futures (ESU25) are up +0.12%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.21% this ...
Dow Futures rise on strong Microsoft and Meta earnings; markets eye inflation data, rate outlook, and more tech results.
Stock futures jump as Meta, Microsoft crush earnings. Dow lags, inflation data looms. Here's what we're watching Thursday.
Tech giants Meta Platforms and Microsoft reported solid quarterly results Wednesday afternoon. Shares of both companies ...
Microsoft’s decision to lay off 9,000 employees while simultaneously reporting a massive jump in earnings has become a flashpoint in the ongoing debate over automation, corporate priorities, and ...
Microsoft is in advanced talks for a deal that would give the Windows maker continued access to critical OpenAI technology in ...
On the macro front, investors will get another clue as to the possible direction of interest rates with the release of the ...
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Nasdaq Futures Spike As Meta, Microsoft Earnings Outweigh Hawkish Fed — Strategist Warns Of Potential ‘Summer Swoon’Big tech earnings have inspired a substantial rise in Nasdaq futures in overnight trading after the Federal Reserve, led by ...
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