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Nasdaq 100 futures rise, propelled by Meta shares - TL;DR CNBC

Nasdaq 100 futures rise, propelled by Meta shares

Publishing timestamp: 2023-02-01 18:58:36


Summary

Futures tied to the S&P 500, Nasdaq 100, and Dow Jones Industrial Average were mixed as trading kicked off Wednesday night. Meta surged more than 19% in extended trading after reporting a fourth-quarter beat on revenue and announcing a $40 billion stock buyback. Investors closely watched the Federal Reserve meeting Wednesday, where a 0.25 percentage point interest rate hike was announced. Earnings reports from household names including Apple, Alphabet, Amazon, Ford Motor, and Starbucks will be watched Thursday. Meta's shares are up more than 19% in after hours trading after the company's earnings beat Wall Street expectations. Align Technology and Hologic also reported positive earnings. C.H. Robinson missed expectations from analysts.


Sentiment: POSITIVE

Tickers: SBUXHOLXMETACHRWALGNAAPLAMZNF

Keywords: marketsamazon.com incstarbucks corpmeta platforms incford motor cobreaking news: marketsbusiness newsstock marketsapple incunited states

Source: https://www.cnbc.com/2023/02/01/stock-market-futures-open-to-close-news.html


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