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Barchart
Barchart
Oleksandr Pylypenko

Stocks Soar Before the Open on Upbeat Microsoft and Meta Results, More Big Tech Earnings on Tap

SO Microsoft Meta United States Donald Trump ATI Apple BOJ Japan US Federal Reserve

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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