Dow Jones Futures Rise As Microsoft Jumps; S&P 500 Reels As First Republic Crashes

Futures rose as Microsoft and Google signaled moves back into buy zones on earnings. The S&P 500 tumbled as First Republic Bank crashed. Read More...


Microsoft Tops Cloud Computing Expectations; Alphabet Ad Revenue Slips

Microsoft (MSFT) and Alphabet Inc. (GOOG, GOOGL) shares rose in after-market trading after Microsoft beat expectations for growth of its cloud segment and Alphabet authorized a share buyback while reporting a decline in ad revenue. Shares of Redmond, Washington-based Microsoft jumped 5% after the company posted earnings per share of $2.45, beating analysts’ expectations for $2.24. Alphabet, the parent company of Google, beat estimates for revenue, which came in at $69.8 billion and profit, which totaled $15.1 billion.

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