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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.
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 ...
Stock futures jump as Meta, Microsoft crush earnings. Dow lags, inflation data looms. Here's what we're watching Thursday.
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’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 ...
TheStreet. In a candid memo released July 24, Microsoft CEO Satya Nadella addressed what he called the issue "weighing ...
Investors continue to underestimate artificial intelligence (AI), the secular tailwinds behind the chipmaker's supercharged ...
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