Largest S&P 500 Movers on Thursday
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Decliners
- Align Expertise (ALGN) shares plummeted 36.6%, essentially the most of any inventory within the S&P 500 on Thursday. The maker of clear enamel aligners and different dental tools reported second-quarter outcomes that missed analysts’ gross sales and revenue estimates. The corporate indicated it would take measures to streamline its operations, together with workforce cuts, for which it expects to take a one-time cost of roughly $150 million to $170 million throughout the second half of 2025.
- Shares of Baxter Worldwide (BAX), a supplier of a variety of healthcare merchandise, tumbled 22.4% following the corporate’s quarterly earnings launch. Though income was consistent with estimates, adjusted earnings per share fell in need of forecasts, and Baxter’s gross sales steerage for the present quarter was additionally under expectations. The corporate cited ongoing fallout from Hurricane Helene, the devastating storm in September 2024 that broken its plant in North Carolina, together with comfortable demand affecting its key intravenous fluids enterprise.
- Regardless of attaining better-than-expected year-over-year gross sales development, Worldwide Paper (IP) additionally missed the mark with its quarterly adjusted revenue, and shares of the packaging and supplies producer dropped 12.9%. Delicate demand in Europe and outage prices associated to deliberate upkeep weighed on the corporate’s efficiency.
Advancers
- eBay (EBAY) inventory soared 18.3% to safe the highest every day efficiency within the S&P 500. The web public sale operator topped gross sales and revenue estimates for the second quarter and issued stronger-than-expected steerage for the third quarter. Gross merchandise quantity, or the worth of products bought on eBay’s web site, additionally surpassed expectations, leaping 6% year-over-year.
- C.H. Robinson Worldwide (CHRW) shares surged 18.1% after the freight transporter posted stronger-than-expected second-quarter gross sales and adjusted income. The logistics agency highlighted a big enlargement of its working margin, pushed by cost-cutting measures, together with substantial headcount reductions, and enhancements in operational effectivity.
- Shares of Fb, Instagram, and WhatsApp father or mother Meta Platforms (META) jumped 11.3% to an all-time excessive within the wake of a strong second-quarter earnings report. Income and web earnings got here in forward of expectations, boosted by higher-than-expected promoting income. CEO Mark Zuckerberg famous that capital expenditures would possible enhance subsequent yr as the corporate continues to aggressively put money into synthetic intelligence.
Amazon Inventory Slides Regardless of Earnings Beat
1 hr 8 min in the past
Amazon (AMZN) shares tumbled in prolonged buying and selling Thursday, regardless of better-than-estimated earnings and development in its Amazon Internet Companies. Buyers could have been on the lookout for extra within the wake of Microsoft’s blowout outcomes.
Amazon delivered quarterly income of $167.7 billion, up 13% year-over-year and above the analyst consensus from Seen Alpha. The e-commerce and cloud providers big’s web earnings of $18.2 billion, or $1.68 per share, in comparison with $13.5 billion, or $1.26 per share, a yr earlier, topping Wall Avenue’s estimates.
On-line retailer gross sales grew 11% to $61.49 billion, whereas income from Amazon Internet Companies income elevated 18% to $30.9 billion, additionally above projections.
“Our AI progress throughout the board continues to enhance our buyer experiences, velocity of innovation, operational effectivity, and enterprise development, and I’m excited for what lies forward,” CEO Andy Jassy stated.
Noah Berger / Getty Pictures
Nonetheless, buyers could have needed extra from the cloud providers big after sturdy outcomes from Microsoft’s Azure yesterday. Jefferies analysts stated in a word Thursday that AWS development was “disappointing given massive momentum at Azure and GCP.”
Wanting forward, Amazon forecast third-quarter income of $174 billion to $179.5 billion, above the $173.17 billion analysts surveyed by Seen Alpha referred to as for. Its outlook for working earnings between $15.5 billion and $20.5 billion was barely forward of the analyst consensus on the midpoint.
Shares of Amazon have been down about 7% in current after-hours buying and selling. The inventory was up 7% for 2025 by means of Thursday’s shut.
Coinbase Inventory Tumbles After Earnings Miss
1 hr 38 min in the past
Shares of Coinbase World (COIN) slid late Thursday after the crypto trade reported second-quarter earnings that missed analyst estimates.
Coinbase reported income of $1.49 billion and adjusted earnings earlier than curiosity, taxes, depreciation and amortization of $512 million. Analysts tracked by Seen Alpha anticipated $1.56 billion in income and adjusted EBITDA of about $564 million. Income from transactions in addition to subscriptions and providers have been down quarter-over-quarter, although the latter, at $656 million, was throughout the vary Coinbase beforehand forecast at $600 million to $680 million.
The inventory was just lately down about 8% in prolonged buying and selling after ending the common session primarily unchanged.
Decrease buying and selling quantity dragged on transaction income, because it did within the first. A March enhance in stablecoin pair commerce charges weighed on buying and selling quantity, an organization consultant informed Investopedia. Nonetheless, Coinbase sees July transaction income of roughly $360 million; if that tempo retains up by means of the following couple months, third-quarter outcomes must be higher.
The corporate additionally expects subscriptions and providers to rise, pushed primarily by greater common crypto costs and stablecoin income. Its partnership with Circle ought to assist with stablecoin USDC utilization ticking up.
Coinbase has been pulling on development levers all yr, making acquisitions and inking partnership offers with massive companies within the monetary trade. It acquired crypto choices trade Deribit in Might, and earlier this month acquired token administration store Liquifi. It partnered with American Specific (AXP) for a bitcoin-rewards bank card in June. And just lately, it joined forces with JPMorgan Chase (JPM) to supply clients one other approach to hyperlink their financial institution accounts to the trade.1
By Thursday’s shut, Coinbase shares have been up about 50% year-to-date.
Apple Rises in After-Hours Buying and selling as Earnings High Estimates
1 hr 48 min in the past
Apple (AAPL) shares rose in prolonged buying and selling Thursday after the corporate reported quarterly outcomes that topped analysts’ expectations.
The iPhone maker posted income of $94.04 billion in its fiscal third quarter, up 10% year-over-year and above the analyst consensus from Seen Alpha. Web earnings of $23.43 billion, or $1.57 per share, rose from $21.45 billion, or $1.40 per share, a yr earlier, topping Wall Avenue’s estimates. Apple’s providers income improved 13% to a report $27.42 billion.
Apple’s whole variety of lively gadgets additionally reached an all-time excessive, CFO Kevan Parekh stated in a launch.
Apple’s iPhone gross sales climbed 13% to $44.58 billion, forward of projections, whereas Mac gross sales rose 15% to $8.05 billion, and iPad gross sales decreased 8% to $6.58 billion.
Apple shares have been up 3% in current after-hours buying and selling. The inventory was down 17% for 2025 by means of Thursday’s shut.
What to Anticipate from Jobs Report on Friday
2 hr 8 min in the past
The July jobs report could present the slowest tempo of employment development since final fall, as commerce uncertainty drags down hiring.
A report Friday from the Bureau of Labor Statistics, set to be launched at 8:30 a.m. ET, is anticipated to indicate U.S. employers added 100,000 jobs, the fewest since October, in response to a survey of economists by Dow Jones Newswires and The Wall Avenue Journal. That will be a slowdown from the 147,000 added in June.
The unemployment fee is forecast to tick as much as 4.2% from 4.1%, staying throughout the identical slim vary it has been since Might 2024, signaling employers are reluctant to each rent and fireplace.
The report might point out the toll that President Donald Trump’s commerce wars are having on the financial system. Uncertainty round commerce coverage and greater costs for imports as a consequence of tariffs are weighing on each enterprise exercise and shopper confidence.
“Total, the labor market just isn’t collapsing, however it’s beginning to run on drained legs,” Cory Stahle, chief economist at job web site Certainly, wrote in a commentary. “Within the months forward, whether or not this sluggish fade turns into a stumble will depend upon whether or not demand finds a second wind or if fatigue takes over.”
A slower labor market might have an effect on the outlook for rates of interest. The Federal Reserve has saved its key rate of interest excessive this yr in an effort to push inflation all the way down to its goal of a 2% annual fee. However slower hiring might pressure officers to think about slicing the speed to spice up the job market, and stave off a pointy enhance in unemployment. The central financial institution’s “twin mandate” from Congress is to maintain employment excessive and inflation low. It accomplishes that primarily by adjusting the fed funds fee, which in flip influences borrowing prices on every kind of loans.
S&P 500 Posts Strong Positive factors for third Straight Month
2 hr 51 min in the past
Main inventory indexes gained floor in July amid investor enthusiasm about sturdy company earnings and financial information, whereas issues about tariffs eased because the White Home negotiated a handful of commerce offers. The momentum slowed on the finish of the month, however shares stay close to all-time highs.
The benchmark S&P 500 index rose 2.2% in July, posting its third consecutive month of strong features. The Dow Jones Industrial Common can be on a three-month successful streak, although it completed July with only a 0.1% acquire. The tech-heavy Nasdaq Composite tacked on 3.7% in July, rising for the fourth straight month.
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Thus far in 2025, the Nasdaq has risen 9.4%, whereas the S&P 500 and the Dow have gained 7.8% and three.7%, respectively.
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eBay Leads S&P 500 Gainers After Earnings
3 hr 37 min in the past
Shares of eBay (EBAY) soared Thursday as the web auction-site operator posted better-than-expected quarterly income and revenue and issued a powerful outlook.
The inventory traded closed 18% greater, main all corporations on the S&P 500 at the moment. Shares of eBay have surged almost 50% in 2025.
Income for eBay‘s second quarter got here in at $2.73 billion, up 6% year-over-year and above the analyst consensus from Seen Alpha. Adjusted earnings rose to $643 million, or $1.37 per share, from $602 million, or $1.19 per share a yr earlier.
EBay’s gross merchandise quantity rose 6% to $19.5 billion within the interval, additionally topping estimates.
Wanting forward, eBay stated it expects third-quarter income of $2.69 billion to $2.74 billion and adjusted EPS within the vary of $1.29 to $1.34. Wall Avenue had referred to as for $2.66 billion in income and EPS of $1.30.
Align Inventory Plummets After Weak Earnings, Restructuring Information
4 hr 28 min in the past
Align Expertise (ALGN) was the worst-performing inventory within the S&P 500 Thursday, dropping greater than a 3rd of its worth a day after the Invisalign maker reported second-quarter outcomes that missed analysts’ expectations and introduced a restructuring.
The Tempe, Ariz.-based firm posted adjusted earnings per share of $2.49 on income that slipped 1.6% year-over-year to $1.01 billion. Analysts surveyed by Seen Alpha had anticipated $2.57 and $1.06 billion, respectively.
Align stated it plans “to take a sequence of actions within the second half of fiscal 2025 to streamline operations and reallocate assets to higher align with our long-term development and profitability aims.” The actions will embody layoffs and the agency expects to incur one-time expenses of roughly $150 million to $170 million within the second half.
“We’re evaluating these troublesome however, we imagine, obligatory actions to place us for sustainable, long-term success and improved profitability,” Align CFO John Morici stated.
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Align shares have been down 36% in current buying and selling to about $130, their lowest stage in additional than eight years.
How A lot Merchants Anticipate Apple Shares to Transfer After Earnings
5 hr 19 min in the past
Merchants anticipate a large transfer in Apple (AAPL) shares after the iPhone maker stories earnings this afternoon.
Present choices pricing suggests merchants expect the shares might transfer 4% in both path by the top of Friday’s buying and selling session.
Apple inventory has registered a median post-earnings transfer of two% over the previous 4 quarters, falling in every of these cases. In Might, shares fell 4% the day following the corporate’s earnings, after Tim Cook dinner informed analysts tariffs might price Apple $900 million in its fiscal third quarter.
Final week, Morgan Stanley analysts cautioned that the Trump administration might quickly topic Apple to Part 232 tariffs, that are tied to nationwide safety issues and have held up higher in courtroom than country-specific duties.
The iPhone maker is extensively anticipated to submit rising quarterly gross sales and income. Forward of the outcomes, 9 brokers tracked by Seen Alpha have “purchase” or equal scores for the inventory, in comparison with one “maintain” and one “promote” ranking. Their common value goal round $235 represents a roughly 12% premium over Wednesday’s closing value.
Analysts may also be anticipating any progress on—or elevated funding in—Apple Intelligence, which has been dogged by Siri delays and a scarcity of availability in China.
Carvana Inventory Jumps as Gross sales Soar
6 hr 25 min in the past
Shares of Carvana (CVNA) skyrocketed to an all-time excessive Thursday after the used automobile retailer beat earnings and income expectations as automobile gross sales soared.
The corporate reported second-quarter GAAP earnings per share of $1.28 on income that jumped 42% to a quarterly report of $4.84 billion. Analysts surveyed by Seen Alpha had anticipated $0.97 and $4.58 billion, respectively.
Retail items bought rose 41% to 143,280, which additionally set a quarterly report, and wholesale items bought jumped 45% to 72,770. Each have been above Seen Alpha estimates.
Jeffrey Greenberg / Common Pictures Group / Getty Pictures
Founder and CEO Ernie Garcia credited the efficiency to the corporate’s “superior enterprise mannequin.” Garcia stated the outcomes confirmed Carvana was once more “the quickest rising and most worthwhile automotive retailer, each by important margins.”
The corporate anticipates current-quarter retail items bought will enhance from Q2, and full-year EBITDA can be $2.0 billion to $2.2 billion.
Following the report, JPMorgan raised its end-of-year value goal to $415 from $350, pointing to Carvana’s retail gross revenue per unit of $3,734.3
Carvana shares have been up 17% at round $390 just lately, after touching a report $413.22 earlier. The inventory has almost doubled up to now in 2025.
What Analysts Consider Amazon Inventory Forward of Earnings
7 hr 26 min in the past
Amazon (AMZN) is scheduled to report second-quarter earnings after the market closes at the moment, with analysts overwhelmingly bullish on the web retail and cloud providers big’s inventory.
All 25 analysts tracked by Seen Alpha give Amazon’s inventory a “purchase” or equal ranking. Their common value goal close to $252 would surpass Amazon’s earlier report shut of $242.06 on Feb. 4. The inventory has added about 7% this yr up to now, close to $235 in current buying and selling.
Amazon is anticipated to report a virtually 10% bump in income to $162.19 billion, whereas earnings per share are projected to extend to $1.33 from $1.26 the identical time a yr in the past.
Final quarter, Amazon topped estimates at the same time as analysts had raised issues that tariffs might affect shoppers’ procuring conduct. However the earnings beat was offset by weaker-than-expected working earnings forecasts. Customers did not seem to have points with costs throughout Amazon’s longest-ever four-day Prime Day gross sales occasion earlier this month, which introduced report gross sales. The Prime Day gross sales can be a part of Amazon’s third-quarter outcomes.
Deutsche Financial institution analysts, lifting their value goal to $266 from $230, wrote just lately that they imagine “a resilient shopper backdrop and tariff-related price will increase that proceed to get kicked down the highway ought to assist upside to 2Q/3Q numbers.” In addition they stated that Amazon seems to be gaining e-commerce market share as tariffs and the Trump administration’s closing of the de minimis import exemption have led U.S. buyers to show away from low-cost Chinese language platforms like Temu.
Financial institution of America analysts just lately bumped their value goal to $265 from $248, writing that they anticipate Amazon’s retail gross sales to prime estimates. Whereas they stated Amazon Internet Companies‘ income development might sluggish from the primary quarter, they imagine it ought to speed up once more within the second half of the yr as a consequence of “sturdy AI demand and AWS capability development.”
Analysts at HSBC and Citi additionally raised their targets just lately to $256 and $265, respectively, from $240 and $225. HSBC analysts referred to as Amazon well-positioned to navigate tariff uncertainty. Citi analysts, in the meantime, stated they are going to be on the lookout for commentary on the scaling of AWS infrastructure that might speed up the cloud service’s development this yr.
Qualcomm Inventory Slips as Some Income Development Disappoints
8 hr 3 min in the past
Qualcomm (QCOM) shares fell Thursday, a day after the corporate reported outcomes for its fiscal third quarter.
The chipmaker reported income of $10.37 billion, up 10% from the identical time a yr in the past, whereas adjusted earnings per share additionally rose almost 20% to $2.77. Income was roughly consistent with what analysts had anticipated, and adjusted EPS topped the analyst consensus compiled by Seen Alpha by 7 cents.
CEO Cristiano Amon highlighted Qualcomm’s rising automotive and “web of issues” income with partnerships like making components for Meta Platforms’ (META) good glasses, every rising over 20% within the quarter. Qualcomm’s “QCT” income, the mixed gross sales from its auto, IoT, and smartphone chip segments, got here in at about $8.99 billion, just under what analysts have been anticipating.
Qualcomm projected fiscal fourth-quarter income of $10.3 billion to $11.1 billion, with adjusted EPS from $2.75 to $2.95. The midpoint of every vary, at $10.7 billion and $2.85, was about consistent with what analysts at present challenge.
Qualcomm has appeared to widen its sources of income as the corporate is set to lose Apple (AAPL) as a buyer within the coming years, as Apple shifts to creating the modems it beforehand purchased from Qualcomm. The chipmaker has additionally made current acquisitions to assist its push into the rising world of information middle income.
“With the lack of Apple revenues over the following couple of years, we forecast general income development for the corporate to be constrained and within the single digit percentages for FY26 and FY27,” JPMorgan analysts wrote in a word following the earnings report, sustaining their “chubby” ranking and $200 value goal.
Qualcomm shares have been down 6% in intraday buying and selling, placing them into unfavourable territory for the yr.
Microsoft Briefly Joins Nvidia within the $4 Trillion Membership
8 hr 53 min in the past
The $4 trillion membership could possibly be a celebration of two by the top of the day.
Microsoft (MSFT) on Thursday grew to become the second firm in historical past to succeed in a $4 trillion market worth as tech inventory costs continued to climb on booming AI demand.
Microsoft’s inventory popped 7% on the open, placing its market capitalization at $4.09 trillion, after the corporate’s fiscal fourth-quarter outcomes blew previous expectations on sturdy development in all of its companies, however particularly in its cloud computing and AI providers.
Microsoft’s entry into the $4 trillion membership comes simply weeks after Nvidia (NVDA) grew to become the primary firm to succeed in the milestone. Its market cap briefly crossed $4 trillion in intraday buying and selling on July 9, however it wasn’t till July 10 that it closed above the edge.
Microsoft was already America’s second most precious firm, price almost $2 trillion, when the launch of ChatGPT in late 2022 sparked an AI frenzy in Silicon Valley and on Wall Avenue. However surging demand for AI and cloud computing has turbocharged Microsoft’s development within the final three years. The corporate on Wednesday reported 2025 fiscal-year income of near $282 billion, up from $198 billion within the fiscal yr earlier than ChatGPT, and web earnings of $102 billion, up from $73 billion.
With about 7.4 billion shares excellent, Microsoft inventory might want to shut at or above $538.13 to remain within the $4 trillion membership. Shares have been up 4.4% at about $536 in current buying and selling.
What Analysts Consider Apple Inventory Forward of Earnings
9 hr 48 min in the past
Apple (AAPL) is scheduled to report fiscal third-quarter outcomes after the closing bell Thursday, with analysts largely bullish on the iPhone maker’s inventory regardless of lingering tariff issues.
Of the 12 analysts overlaying Apple inventory tracked by Seen Alpha, 9 have a “purchase” or equal ranking, alongside two “maintain” scores and one “promote.” Their consensus value goal is close to $233.
Apple shares have been down barely this morning at round $209.
Goldman Sachs, which has a $251 goal on Apple inventory, stated “[s]ervices income development must be resilient” and that new AI options, like dwell translation throughout Messages, Cellphone, and FaceTime anticipated this fall, will raise demand for iPhone upgrades.
The Avenue expects Apple’s June quarter income to have grown 4% year-over-year to $89.54 billion, together with $40.45 billion in iPhone gross sales (2% development) and $26.81 billion in providers income (11% development). Apple is projected to report earnings per share of $1.44, up from $1.40 a yr in the past.
That stated, Apple must “get previous key overhangs,” Morgan Stanley analysts stated final week.
The financial institution cautioned that the Trump administration might quickly topic Apple to Part 232 tariffs, that are tied to nationwide safety issues and have held up higher in courtroom than country-specific duties.
Morgan Stanley maintained a purchase ranking and $235 value goal, placing it barely above the analyst consensus. HSBC, in the meantime, saved a maintain ranking and $220 goal, pointing to the identical regulatory uncertainty in a current word to shoppers.
Buyers can be additionally anticipating any progress on—or elevated funding in—Apple Intelligence, which has been dogged by Siri delays and a scarcity of availability in China.
Nonetheless, whereas Google proprietor Alphabet (GOOGL) raised its projected capital expenditures to $85 billion from $75 billion final week, Morgan Stanley stated it does not anticipate an analogous transfer from Apple.
Meta Inventory Pops as Outcomes Blow Previous Expectations
10 hr 7 min in the past
Meta (META) shares jumped in early buying and selling Thursday after the corporate’s second-quarter outcomes handily topped analysts’ estimates.
The Fb, Instagram, and WhatsApp proprietor’s shares have been up 12% at a report excessive. The inventory has now gained 33% for the reason that begin of the yr.
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Meta’s quarterly income grew 22% year-over-year to $47.52 billion, forward of the analyst consensus from Seen Alpha. Its web earnings rose to $18.34 billion, or $7.14 per share, from $13.47 billion, or $5.16 per share a yr earlier, additionally surpassing estimates.
Promoting income, which makes up the majority of Meta’s income, climbed 21% to $46.56 billion, exceeding expectations.
“On promoting, the sturdy efficiency this quarter is essentially due to AI unlocking higher efficiency and features throughout our advert system,” CEO Mark Zuckerberg informed buyers throughout the firm’s earnings name.
The CEO stated that the corporate has additionally began to see indicators of its AI methods enhancing themselves. “The development is sluggish for now, however simple, and growing superintelligence, which we outline as AI that surpasses human intelligence in each approach, we expect is now in sight,” Zuckerberg stated.
Wanting forward, Meta stated it expects third-quarter income within the vary of $47.5 billion to $50.5 billion, greater than the $46.29 billion analysts referred to as for.
Meta stated it now expects $66 billion to $72 billion in capital expenditures this yr, elevating the decrease finish of its projected vary by $2 billion. The corporate stated its capex can be prone to develop in 2026 as Meta continues “aggressively pursuing alternatives” to advance its AI improvement efforts.
“Infrastructure would be the single largest contributor to 2026 expense development,” CFO Susan Li stated, with worker compensation representing the second-largest driver as Meta grows its general headcount and splurges on incentives to draw prime AI expertise.
Zuckerberg informed buyers he needs to have “the very best and most elite, talent-dense crew” on the firm. The CEO has reportedly been personally concerned in a hiring spree with hefty compensation packages to construct out Meta’s “Superintelligence” unit, with a few of Meta’s current hires together with former Github CEO Nat Friedman and ex-Scale AI CEO Alexandr Wang.
Microsoft Inventory Jumps as Cloud, AI Development Increase Earnings
10 hr 41 min in the past
Microsoft (MSFT) shares soared in premarket buying and selling after the corporate reported quarterly earnings that topped analysts’ expectations on sturdy development in its Clever Cloud phase,
The inventory was up 9% in just lately, placing Microsoft on tempo to be part of Nvidia as the one corporations ever to have a market capitalization of $4 trillion By Wednesday’s shut, Microsoft inventory was up about 22% for 2025.
The tech titan posted fiscal fourth-quarter income of $76.44 billion, up 18% year-over-year and above analyst estimates compiled by Seen Alpha. Web earnings rose to $27.23 billion, or $3.65 per share, from $22.04 billion, or $2.95 per share a yr earlier, additionally beating projections.
Income from Microsoft’s Clever Cloud phase, which incorporates Microsoft Azure, grew 26% to $29.89 billion, topping the analyst consensus from Seen Alpha.
Jason Redmond / AFP / Getty Pictures
“Cloud and AI is the driving pressure of enterprise transformation throughout each trade and sector,” CEO Satya Nadella stated in a launch late Wednesday. “We’re innovating throughout the tech stack to assist clients adapt and develop on this new period, and this yr, Azure surpassed $75 billion in income, up 34 p.c, pushed by development throughout all workloads.”
That marked the primary quarter Microsoft reported the size of its Azure enterprise in {dollars}.
CFO Amy Hood stated Microsoft expects double-digit income development in fiscal 2026, although Hood warned the corporate would proceed to be “capability constrained” within the close to time period because it builds out its AI infrastructure.2
“I talked in January and stated I believed we might be in higher provide/demand form by June, and now I am saying, ‘I hope I am in higher form by December,'” Hood stated.
Hood stated Microsoft expects to spend $30 billion in capital expenditures in its fiscal first quarter, up from $20 billion a yr earlier, as the corporate works to convey extra information middle capability on-line to maintain up with demand.
If Microsoft continued to spend on the identical tempo, that might add as much as $120 billion for the total yr, up from $88.2 billion in fiscal 2025, although Hood advised the tempo of Microsoft’s capex development would “average” in comparison with fiscal 2025, with the next development fee within the first half than second half of fiscal 2026.
Futures Level to Sharply Greater Open for Main Indexes
11 hr 46 min in the past
Futures tied to the Dow Jones Industrial Common have been up 0.2%.
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S&P 500 futures rose 0.9%.
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Nasdaq 100 futures jumped 1.2%.
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