U.S. stock futures trading higher, focus on Apple, Microsoft, Amazon earnings. Meta posts mixed results, Bristol-Myers Squibb to release earnings.
Microsoft reported Q4 revenue $90.01B (+18% YoY) beating estimates; Meta raised capex to $130-145B despite earnings miss. The divergence signals AI infrastructure as primary cost driver, forcing CTO portfolio consolidation on cloud and compute as margins compress.
With U.S. stock futures trading higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Apple Inc.
(NASDAQ:AAPL) to post quarterly earnings of $1.89 per share on revenue of $108.65 billion after the closing bell, according to data from Benzinga Pro.
Apple shares rose 0.6% to $340.15 in after-hours trading.
Microsoft Corp.
(NASDAQ:MSFT) reported better-than-expected fourth-quarter financial results Wednesday after market close.
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Major U.S. indices ended Thursday on a mixed note, with the Dow Jones Industrial Average gaining 0.14% to 51,920.62
Major U.S. indexes closed higher on Friday, with the Dow Jones Industrial Average climbing 1.19% to 52,208.06.
Capping this week's Big Tech earnings were Apple and Amazon, which posted quarterly results after market close Thursday.
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