Megacap tech giants Alphabet, Meta and Microsoft each reported quarterly results after market close Wednesday.
Stock futures moved lower on Wednesday night as investors digested a batch of Big Tech earnings and the Federal Reserve’s interest rate decision.
Futures tied to the Dow Jones Industrial Average slipped 30 points, or 0.06%. S&P futures fell 0.12%, while Nasdaq 100 futures fell 0.2%.
Megacap tech giants Alphabet
, Meta
and Microsoft
Expectations of a December rate cut remains tepid, adding pressure to the market.
Capping this week's Big Tech earnings were Apple and Amazon, which posted quarterly results after market close Thursday.
Key artificial intelligence leaders lost steam on Thursday, weighing on the broader market.
Thursday night's action followed a rough day on Wall Street, with the market once again bogged down by technology stocks.
Tech companies dragged the market lower on Thursday, reflecting growing concerns about the strength of the artificial…
Investors continue to watch earnings releases from the biggest U.S. companies, which many believe could be make-or-break for the…
