Dow futures tick higher, Microsoft gains 3.5%, Alphabet sheds 6.5% after earnings By Investing.com
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<p>Investing.com – US stock futures were trading in a mixed fashion during Tuesday’s evening deals, following gains among major benchmark averages as investors remained focused on fresh earnings results from tech giants Microsoft Corporation (NASDAQ:) and Alphabet Inc. (NASDAQ:).</p>
<p>By 6:25pm ET (10:25pm GMT) were up by 0.1%, dipped 0.2% and slipped 0.3%.</p>
<p><em>Stay updated with the latest data by using InvestingPro tools!</em><br /><img decoding="async" loading="lazy" title="Microsoft earnings are here!" src="https://d70-invdn-com.investing.com/content/pic66e99bba85af6e95f2830dad64fe4526.jpg" alt="Microsoft earnings are here!" width="650" height="397" /></p>
<p>In extended deals, Microsoft (NASDAQ:) added 3.5% after Q1 EPS of $2.99 versus $2.65 expected while revenues came in at $56.5 billion versus $54.53 expected. The company’s cloud computing platform Azure also grew 29% in the quarter, compared to expected growth of 26%.</p>
<p>Alphabet Inc. (NASDAQ:) shed 6.5% after the company Q3 EPS of $1.55 versus $1.45 expected, while revenues were reported at $76.69 billion versus $75.98 billion expected. Cloud revenue rose to $8.4 billion versus $8.6 billion expected.</p>
<p>Texas Instruments (NASDAQ:) dipped 4.6% Q3 EPS of $1.80 versus $1.82 expected, while revenues were reported at $4.53 billion versus $4.57 billion expected.</p>
<p>Ahead in Wednesday’s trade, investors will be monitoring , as well as a speech from .</p>
<p>Major earnings are also expected to continue with Meta Platforms Inc (NASDAQ:), International Business Machines (NYSE:), T-Mobile US Inc (NASDAQ:) and <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name"> <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name"> Boeing Co </span></span> </span></span> (NYSE:) set to report quarterly results.</p>
<p>During Tuesday’s regular trade, the gained 205 points or 0.6% to 33,141.4, the added 30.7 points or 0.7% to 4,247.7 and the lifted 121.6 points or 0.9% to 13,139.9.</p>
<p>On the bond markets, rates were at 4.819%.</p>
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<br /><a href="https://www.investing.com/news/stock-market-news/dow-futures-tick-higher-microsoft-gains-35-alphabet-sheds-65-after-earnings-3207747">Source link </a></p><p>The post <a href="https://forextraderhub.com/dow-futures-tick-higher-microsoft-gains-3-5-alphabet-sheds-6-5-after-earnings-by-investing-com.html">Dow futures tick higher, Microsoft gains 3.5%, Alphabet sheds 6.5% after earnings By Investing.com</a> first appeared on <a href="https://forextraderhub.com">Forex Trader Hub</a>.</p>
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