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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.
The S&P 500 dropped 0.37% and closed at 6,339.39 for its third straight losing day, while the Nasdaq Composite inched down ...
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 ...
U.S. stock futures rose on Thursday after ending on a mixed note on Wednesday. Futures of major benchmark indices were higher ...
Apple posted its current-quarter revenue forecast well above Wall Street estimates, but CEO Tim Cook warned U.S. tariffs ...
Brad Smith defends Microsoft layoffs, addresses AI’s role, and explains the company’s $4B workforce initiative amid a major ...
Investors continue to underestimate artificial intelligence (AI), the secular tailwinds behind the chipmaker's supercharged ...
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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 ...
US stock futures rose as Wall Street weighed a new trade deal with South Korea and strong earnings from Meta and Microsoft.
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