Stocks making the biggest moves midday: Microsoft, Alphabet, Exxon Mobil, Snap and more

Check out the companies making headlines in midday trading. Microsoft — Shares jumped 2% after the tech giant reported better-than-expected fiscal third-quarter results as its Azure business continued to show momentum. Alphabet — The Google-parent company rallied 10%. Alphabet posted first-quarter results that topped estimates and authorized its first-ever dividend, as well as a $70 billion buyback. Earnings of $1.89 per share beat the $1.

Snap — Shares soared 28% after the social media company posted adjusted earnings and revenue that defied analysts' expectations, per LSEG. Snap's revenue grew 21% in the quarter, spurred by regrowth in its digital advertising business. Charter Communications — The broadband and cable provider slipped 2% on weak first-quarter results. Charter earned $7.55 per share on $13.68 billion in revenue, below the Street's estimates of $7.92 a share in earnings and $13.

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.

Stocks making the biggest moves after hours: Alphabet, Microsoft, Snap, Intel and moreSee which stocks are posting big moves after the bell.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves premarket: Alphabet, Microsoft, Intel, Snap and moreThese are the stocks posting the largest moves in early trading.
Source: CNBC - 🏆 12. / 72 Read more »

Alphabet, Microsoft earnings; PCE data ahead - what's moving marketsAlphabet, Microsoft earnings; PCE data ahead - what's moving markets
Source: Investingcom - 🏆 450. / 53 Read more »

US futures jump tracking bumper earnings from Microsoft, AlphabetUS futures jump tracking bumper earnings from Microsoft, Alphabet
Source: Investingcom - 🏆 450. / 53 Read more »