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)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.