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Stock impact report

Nasdaq soars to new heights after upbeat earnings [Seeking Alpha]

Microsoft Corporation (MSFT) 
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Company Research Source: Seeking Alpha
Nasdaq soars to new heights after upbeat earningsStocks open mostly higher, with the Nasdaq soaring more than 80 points out of the gate to a new record high following blowout earnings from Amazon, Alphabet and Microsoft; Nasdaq+1.3%, S&P+0.3%, Dow-0.1%.Amazon, Alphabet and Microsoft hold early gains of+10.1%,+6.3% and9.1% respectively after all three reported better than expected Q3 earnings and revenues.Intel also opens higher after beating both top and bottom line estimates and raising its guidance for the fiscal year, but Expedia (-19.3%) and Mattel (-15.9%) open sharply lower after missing profit estimates.Unsurprisingly, the S&P tech sector (+1.9%), which includes Microsoft and Alphabet, and the consumer discretionary group (+0.4%), which houses Amazon, are trading atop the early leaderboard, but most of the other sectors open lower.European markets also are in the green, with France's CAC and Germnay's DAX both+0.6% and U.K.'s FTSE+0.1%; in Asia, Japan's Nikkei finished+1.2% and Show less Read more
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