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Here's What's Happening in Markets: April 26 [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Microsoft's next quarter revenue outlook was higher than analyst expectations while Alphabet announced it would begin paying a $.20 a share dividend. Alphabet jumped more than 10% after the open and Microsoft rose over 2% in early trading Friday. Rallies in the stocks boosted the broader markets, with the Nasdaq surging 2.2% and the S&P 500 adding about 1% midmorning. ETFs tracking the indexes gained similarly: SPY, the SPDR S&P 500 ETF Trust was 1.1% higher while QQQ, the Invesco QQQ Trust which tracks the tech-heavy Nasdaq, popped 1.7%. MAGS, the Roundhill Magnificent Seven ETF which holds Mag 7 stocks in its fund soared more than 3%. Microsoft and Alphabet's earnings surprises are helping improve the less-than-rosy picture painted earlier this earnings season by tech companies. Tech earnings have been in focus since last week as investors wondered if the megacap tech companies that have led the markets for so long would continue to do so in the future. While Microsoft and
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