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Barchart
Barchart
Oleksandr Pylypenko

INSANE: Stocks soar before the open on upbeat microsoft and meta results more big tech earnings on tap | Vintage Vibes

June S&P 500 E-Mini futures (ESM25) are up +1.18%, and June Nasdaq 100 E-Mini futures (NQM25) are up +1.68% this morning as forecast-beating quarterly results from Microsoft and Meta boosted sentiment.

Microsoft (MSFT) surged over +8% in pre-market trading after the world’s largest software maker reported stronger-than-expected FQ3 results and provided an upbeat FQ4 revenue growth forecast for the Azure cloud unit. Also, Meta Platforms (META) climbed more than +6% in pre-market trading after the maker of Facebook and Instagram posted upbeat Q1 results.

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