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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.
S&P 500 futures are up 0.4%. Dow Jones Industrial Average futures are jumping 1%. Nasdaq 100 futures are surging 1.4%. On Wednesday, the Dow Jones Industrial Average fell 172 points, or 0.38%, to ...
Dow Futures rise on strong Microsoft and Meta earnings; markets eye inflation data, rate outlook, and more tech results.
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 ...
Microsoft is in advanced talks for a deal that would give the Windows maker continued access to critical OpenAI technology in ...
Earnings Outlook For Microsoft, AI is the future, but the present is cloudy Earnings preview: Azure growth forecast will be the most important bit of news released when Microsoft reveals fiscal ...
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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