- Investor's Business Daily
Dow Jones Futures Rise As Microsoft, Google Jump; New Market Rally Still Must Do This
Microsoft and Google jumped on earnings late after the market rally attempt showed resilience Wednesday amid Meta's sell-off.
- Reuters
Futures climb as Alphabet, Microsoft results lift megacaps
Alphabet jumped 11.5% in premarket trading after the Google-parent announced its first-ever dividend, a $70 billion stock buyback and beat estimates for first-quarter results. Lifting sentiment further, Microsoft gained 4% on beating Wall Street estimates for third-quarter revenue and profit, driven by gains from AI adoption across its cloud services. Other growth stocks also rose on the results, with Amazon.com and Nvidia up 3.1% and 1.3%, respectively.
- Reuters
US STOCKS-Futures climb as Alphabet, Microsoft results lift megacaps
U.S. stock index futures advanced on Friday as megacap growth shares rebounded on the back of robust quarterly results from Alphabet and Microsoft, while investors awaited a key inflation print that could help shape U.S. monetary policy. Alphabet jumped 11.5% in premarket trading after the Google-parent announced its first-ever dividend, a $70 billion stock buyback and beat estimates for first-quarter results.
