US Futures Advance on Big Tech Earnings

2026-04-30 00:05 By Jam Kaimo Samonte 1 min. read

S&P 500 and Nasdaq 100 futures climbed on Thursday as investors assessed quarterly results from the Magnificent Seven technology firms.

In extended trading, Alphabet jumped 7% after beating revenue expectations on strong Google Cloud performance, while Amazon rose nearly 3% on solid growth in its cloud computing segment.

Microsoft also edged higher, supported by a 40% surge in revenue from its Azure and related cloud services, whereas Meta Platforms slid 7% after reporting weaker-than-expected first-quarter capital spending and disappointing user growth.

In regular trading on Wednesday, the Dow and S&P 500 declined 0.57% and 0.04%, respectively, while the Nasdaq Composite ticked up 0.04%.

These movements followed the Federal Reserve’s decision to leave policy unchanged as anticipated, though four officials dissented, signaling increasing divisions over the policy outlook amid heightened uncertainty tied to the Iran war.



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