
September Nasdaq 100 E-Mini futures (NQU25) are trending up +0.36% this morning as investors cheer forecast-beating quarterly results from Alphabet and remain optimistic that the U.S. may strike more trade deals soon.
Alphabet (GOOGL) rose over +3% in pre-market trading after the Google parent reported stronger-than-expected Q2 results, boosted by demand for AI products. The company also projected a $10 billion increase in its capital spending for the year, with CEO Sundar Pichai attributing the move to the “strong and growing demand for our cloud products and services.”