Sign up to create alerts for Instruments,
Economic Events and content by followed authors
Free Sign Up Already have an account? Sign In
Quotes
All Instrument Types
- All Instrument Types
- Indices
- Equities
- ETFs
- Funds
- Commodities
- Currencies
- Crypto
- Bonds
- Certificates
Please try another search
Free Webinar - Unlock Divergence Trading: Learn from Seth Julian MBA | TThursday, March 23, 2023 | 10:00AM PST Enroll Now
Stocks - U.S. Futures Slightly Higher Ahead of Tech Earnings
© Reuters.
Investing.com - U.S. futures were higher on Thursday, supported by upbeat results from Microsoft (NASDAQ:MSFT) and Tesla (NASDAQ:TSLA) after the bell on Wednesday
Microsoft (NASDAQ:MSFT) beat expectations for its fiscal first-quarter earnings after the closing bell on Wednesday and raised its guidance for cloud bookings in the current quarter. The tech company gained 1% in premarket trade.
Other companies expected to report on Thursday include Amazon (NASDAQ:AMZN), Comcast (NASDAQ:CMCSA), American Airlines (NASDAQ:AAL), Twitter (NYSE:TWTR) and Intel Corporation (NASDAQ:INTC).
Nasdaq 100 futures jumped 35 points or 0.5% by 6:53 AM ET (10:53 GMT), while Dow futures rose 18 points or 0.1% and S&P 500 futures were up 3 points or 0.1%.
Tesla (NASDAQ:TSLA) surged 18.5% after a surprise profit from the electric car company, while PayPal was up 8% after a solid third quarter.
Elsewhere, eBay (NASDAQ:EBAY) slipped 6.6% after the online marketplace operator cut its sales and earnings outlook for the year, while Ford (NYSE:F) dipped 4.1% after cutting its yearly outlook.
On the data front, jobless claims and durable goods come out at 8:30 AM ET and new home sales data is released at 10:00 AM ET.
In commodities, gold futures lost 0.2% to $1,492.55 a troy ounce, while the U.S. dollar index, which measures the greenback against a basket of six major currencies, inched up 0.1% to 97.282. Crude oil futures declined 0.6% to $55.64 a barrel.
Related Articles
Add Chart to Comment
Confirm Block
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
Report this comment
I feel that this comment is:
Comment flagged
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.