U.S. stock futures are all up before the market opens, with Microsoft rising nearly 8% and Meta Platforms up over 6%
On May 1st, U.S. stock futures rose due to better-than-expected earnings from technology companies, with Nasdaq 100 index futures up over 1%. Meta Platforms rose over 6%, with significant growth in Q1 advertising revenue and an upward revision of spending guidance; Microsoft rose nearly 8%, expecting strong growth in Azure cloud services. Amazon rose over 3%, while Apple fell over 1.5%. Market risk warnings indicate that investment should be approached with caution
On Thursday, May 1st, boosted by better-than-expected earnings from technology companies, the futures of the three major U.S. stock indices rose collectively, with the Nasdaq 100 index futures up over 1%.
Most U.S. tech stocks rose in pre-market trading. Meta Platforms rose over 6%, with Q1 advertising revenue growing by double digits and significantly raising its spending guidance for the year. Microsoft rose nearly 8% in pre-market trading, with the company forecasting strong growth for its Azure cloud business. Amazon rose over 3% in pre-market trading, while Apple fell over 1.5%. After the market closes, Apple and Amazon will release their earnings reports.
Risk Warning and Disclaimer
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