Nasdaq surge expected to continue after strong Alphabet and Amazon results - News Summed Up

Nasdaq surge expected to continue after strong Alphabet and Amazon results


The tech-heavy index already pushed to a new record on Thursday of 6,048.94, a rise of 0.39%, thanks to strong results from PayPal and Comcast. Hasan Emkani (@hasanemkani) Big market day tomorrow: Nasdaq futures surge after hours on Amazon, Alphabet earnings: Nasdaq 100… https://t.co/0sJ1g9u5B3 #business #news pic.twitter.com/m3rlD8wcrDAlphabet’s profit beat Wall Street estimates and rose 29% to $5.43bn, a performance that analysts called exceptional for a company so large. “They are the dominant force in digital advertising.”Shares of the company rose 2.8% to $916.80 after the bell on Thursday. Microsoft profits disappointed investors as sales of its Surface tablets and laptops slumped and earnings came in lower than expected. Intel, the chipmaker, saw profits rise by 45% to $2.9bn.


Source: The Guardian April 28, 2017 03:04 UTC



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