Futures fell as Amazon, Microsoft and Meta slumped on earnings. Google rose. Oil prices are surging while Fed's Powell is staying.
The major gauges were pulled up by tech stocks, down by other industries as Mag 7 earnings dominate headlines.
Jonathan Neilson: And thank you for joining us today. On the call with me are Satya Nadella, Chairman and Chief Executive Officer; Amy Hood, Chief Financial Officer; Alice Jolla, Chief Accounting Officer; and Brian Defoe, Deputy General Counsel and Corporate Secretary.
Despite the lingering perception that no one really uses Copilot, Microsoft said on Wednesday that the number of users and engagement is growing.
Asking for a Trend Host Josh Lipton previews several of the biggest stories to come tomorrow, Thursday, April 30, including earnings results from companies like Apple (AAPL), Eli Lilly (LLY), Caterpillar (CAT), and ConocoPillips (COP); the latest economic readings on the Personal Consumption Expenditures index (PCE) — the Federal Reserve's preferred inflation gauge — and the Untied States' first quarter GDP (Gross Domestic Product); and the weekly figures on mortgage rates.
Microsoft beat Wall Street's targets for its fiscal third quarter, thanks to strong AI and cloud computing business.
A deluge of Big Tech earnings this week took center stage on Wednesday. One number told the story of the AI boom.
Google-parent Alphabet impressed Wall Street with its latest quarterly earnings on Wednesday, as big tech rival Meta left investors lukewarm amid concerns about the huge cost of AI development.Microsoft also reported quarterly revenue and earnings ahead of Wall Street expectations Wednesday, powered by demand for cloud computing and artificial intelligence services.
On April 29, 2026, the Fed leaves rates unchanged, and markets remain muted ahead of megacap earnings.
Google, Microsoft and Amazon report gains in cloud-computing businesses while Meta spending draws concern
The headline numbers for Microsoft (MSFT) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Microsoft posted adjusted earnings of $4.27 a share on revenue of $82.9 billion, exceeding Wall Street estimates on both metrics.
Fed Chair Powell says goodbye to FOMC press corps, while AI-fueled earnings & growth astound.
Alphabet and Microsoft crushed Q1 estimates on the same day, with Google Cloud up 63% and Microsoft's AI business hitting a $37 billion run rate.
Amazon said that revenue from its Amazon Web Services cloud unit rose 28% from the prior year to $37.6 billion. Revenue growth there is key as investors look for proof that companies are seeing returns on their massive artificial intelligence spending. CEO Andy Jassy noted in the earnings release that it was AWS’s fastest growth in 15 quarters.
Apple is slated to release its quarterly results Thursday to wrap up a busy week of Big Tech earnings.
LinkedIn, the social network for professionals owned by Microsoft, on Wednesday said that its hiring products using what is known as agentic AI are on track to generate $450 million in sales in the coming year. The sales disclosure for a core AI product is new for LinkedIn, which has 1 billion members and makes much of its revenue from selling tools to sales and recruiting professionals. While Microsoft reports LinkedIn's overall sales growth as part of its productivity and business process operating unit, it does not disclose absolute dollar figures for the network.
Microsoft on Wednesday forecast that sales at its Azure cloud business would beat Wall Street forecasts this year, and the software giant unveiled plans for 2026 capital spending of $190 billion, which also surpassed expectations. After the forecast, Microsoft shares were even with their close, rebounding from a fall of more than 2% in extended trading after quarterly results showed only a modest increase in cloud revenue growth. Many also worry that Microsoft's large business customers have been slow to adopt its Copilot 365 assistant.
Big Tech Q1 earnings beat estimates, but Meta's $145B capex hike and AI spending fears weighed on stocks and crypto sentiment.
Market watchers looking for clarity about the direction of Big Tech and the AI investment boom didn’t get much Wednesday afternoon amid a barrage of key earning reports
Vancouver, British Columbia--(Newsfile Corp. - April 29, 2026) - Burcon NutraScience Corporation (TSX: BU) (OTCQB: BRCNF) (the "Burcon" or the "Company"), a global technology leader in plant-based protein innovation, is pleased to announce the appointment of Mr. Chris Bunio to the board of directors (the "Board") of Burcon. Mr. Bunio has been active in the technology industry for nearly 30 years. Mr. Bunio is a Co-founder and the CEO of TheoryMesh, a Winnipeg, Manitoba-based company focused on..
Microsoft (MSFT) delivered earnings and revenue surprises of +4.97% and +1.83%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Yahoo Finance's tech editor, Dan Howley, joins Yahoo Finance's head of news, Myles Udland, to discuss what we can expect from the next wave of tech earnings including Meta (META), Alphabet (GOOG), Microsoft (MSFT) and Amazon (AMZN).
Tangen says AI's deflationary impact may be helping markets absorb rising energy prices despite geopolitical tensions
Beyond the strong quarterly results analysts expect, Wall Street will be looking for more insight on Apple's leadership transition.


