Investing.com-- U.S. stock index futures rose sharply in evening deals on Thursday, with gains heavily biased towards technology stocks following stronger-than-expected earnings from Microsoft and Alphabet.
While caution over U.S. inflation and interest rates remained in play, the positive earnings ramped up hopes that demand for artificial intelligence will keep supporting tech earnings in the coming quarter.Microsoft surges, Alphabet hits record high on strong Q1 earningsThe firm clocked stronger-than-expected first-quarter earnings on robust demand for its new AI offerings. Alphabet also declared its first ever dividend, of 20 cents per share.) added 2.
Other social media stocks also rose after the U.S. pushed forward a bill that gave video streaming app TikTok a year to either divest itself or leave U.S. markets.) slid 8% in aftermarket trade after the chipmaker clocked disappointing quarterly earnings and offered a middling forecast for the second quarter.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »