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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.
Dow Futures rise on strong Microsoft and Meta earnings; markets eye inflation data, rate outlook, and more tech results.
Trump’s tariffs and trade deals continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
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 ...
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 ...
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