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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.
Stock Index Futures Gain Ahead of U.S. GDP Data and Fed Rate Decision, Microsoft and Meta Earnings on Tap
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 morning, pointing to a slightly higher open on Wall Street, while investors await the Federal Reserve’s policy decision,
Tech giants Meta Platforms and Microsoft reported solid quarterly results Wednesday afternoon. Shares of both companies ...
Dow Futures rise on strong Microsoft and Meta earnings; markets eye inflation data, rate outlook, and more tech results.
Microsoft is in advanced talks for a deal that would give the Windows maker continued access to critical OpenAI technology in ...
TheStreet. In a candid memo released July 24, Microsoft CEO Satya Nadella addressed what he called the issue "weighing ...
Nasdaq 100 futures fell as much 5.5 points and were last up 2 points at 1,373.50. Microsoft is the most heavily-weighted component on the tech-rich index. Community Guidelines • FAQs ...
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 ...
Five futures, from terrible to great Given the state of Microsoft and the clear trends emerging, InfoWorld has envisioned five futures for Microsoft, from worst to best, from the vantage point ...
Investors continue to underestimate artificial intelligence (AI), the secular tailwinds behind the chipmaker's supercharged ...
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