U.S. Tech Futures Point to Positive Open After Microsoft, Meta Earnings -- Market Talk

Dow Jones

05-01

0823 GMT - Futures linked to the tech-heavy Nasdaq-100 are on the rise Thursday after Microsoft and Meta Platforms reported stronger-than-expected quarterly results. The E-mini Nasdaq 100 futures contract is up 1.5% on Thursday. Microsoft's net profit for the March-ending quarter came in at $25.8 billion, or $3.46 a diluted share. Analysts were expecting per-share earnings of $3.22. Meta said its sales grew 16%, ahead of analyst expectations. Net income for the January-to-March period was $16.6 billion. Microsoft shares are up 8% premarket, touching a high of $427.27. Meta shares rise 6% with a high of $586.7. (mauro.orru@wsj.com)

(END) Dow Jones Newswires

May 01, 2025 04:23 ET (08:23 GMT)

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The E-mini Nasdaq 100 futures contract is up 1.5% on Thursday. Microsoft's net profit for the March-ending quarter came in at $25.8 billion, or $3.46 a diluted share. Analysts were expecting per-share earnings of $3.22. Meta said its sales grew 16%, ahead of analyst expectations. Net income for the January-to-March period was $16.6 billion. Microsoft shares are up 8% premarket, touching a high of $427.27. Meta shares rise 6% with a high of $586.7. (mauro.orru@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 01, 2025 04:23 ET (08:23 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}