US STOCKS-Wall Street shares lifted by rally in megacap tech stocks [Yahoo! Finance]
Alphabet Inc. - Class C Capital Stock (GOOG)
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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Source: Yahoo! Finance
Microsoft gains after earnings beat estimates Indexes up: Dow 0.59%, S&P 1.19%, Nasdaq 2.09% (Updates to 2:16 PM ET) By Chibuike Oguh NEW YORK, April 26 (Reuters) - U.S. stocks rose on Friday, buoyed by a rally in megacap growth stocks following robust quarterly results from technology heavyweights Alphabet and Microsoft in addition to moderate inflation data. Investors cheered Alphabet's first-ever dividend, its $70 billion stock buyback program, and better-than-expected first-quarter results. Its shares jumped 10.4% to a record high, lifting the Google-parent's market value above $2 trillion. Microsoft shares rose 2.7% after its third-quarter revenue and profit exceeded Wall Street estimates, driven by gains from artificial intelligence (AI) adoption across its cloud services. Other megacap growth stocks also traded higher: Amazon.com and Nvidia rose 3.5% and 5.8%, respectively. However, Meta Platforms, Apple and Tesla were down. On Wednesday, Meta results disappointe
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Earnings
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Sec Filings
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