Stock futures rise Tuesday night after Microsoft, Alphabet post earnings beats: Live updates
Publishing timestamp: 2023-04-25 19:05:42
Summary
U.S. stock futures rose as Big Tech earnings began to roll out, with Microsoft and Alphabet beating expectations. However, concerns about the banking sector and consumer demand weighed on the market. Travel companies and other tech companies are set to report their earnings results. Cryptocurrencies rose following several days of sideways trading. The Nasdaq Composite slipped nearly 2% but remains above its 50-day moving average level. Billionaire hedge fund investor Stanley Druckenmiller said he's betting against the U.S. dollar. PacWest Bancorp and Chipotle Mexican Grill saw their shares rise after posting positive earnings results, while Enphase Energy and SolarEdge saw their shares slide.
Sentiment: MIXED
Tickers: ENPH, .DXY, @DJ.1, ETH.CM=, .DJI, BTC.CM=, .IXIC, @ND.1, SEDG, CMG, PACW, @SP.1, .SPX,
Keywords: breaking news: markets, dow jones fut (mar'23), s&p 500 fut (mar'23), business news, stock markets, breaking news: major, markets, united states, nasdaq 100 fut (mar'23), investment strategy,
Source: https://www.cnbc.com/2023/04/25/stock-market-today-live-updates.html