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  • Business
    Reuters

    Futures climb as Alphabet, Microsoft results lift megacaps

    Alphabet jumped 11.5% in premarket trading after the Google-parent announced its first-ever dividend, a $70 billion stock buyback and beat estimates for first-quarter results. Lifting sentiment further, Microsoft gained 4% on beating Wall Street estimates for third-quarter revenue and profit, driven by gains from AI adoption across its cloud services. Other growth stocks also rose on the results, with Amazon.com and Nvidia up 3.1% and 1.3%, respectively.

  • Business
    Yahoo Finance

    Meta's AI spending tests Facebook's growth-first playbook

    Zuckerberg's track record of making money only after achieving a kind of critical mass is a harder sell for AI.

  • Business
    Bloomberg

    Global Bond Rout Pauses for US Inflation Data as Rate Bets Fade

    (Bloomberg) -- A selloff in global bonds paused as traders waited for US inflation data to shed light on whether the Federal Reserve will be able to cut interest rates this year.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingHuawei’s New Phone Runs Latest Version of Made-in-China ChipMalaysia in Talks With Tycoons on Casino to Revive

  • Business
    Bloomberg

    Oil Heads for Weekly Gain on Signs of Firmer Market Before Data

    (Bloomberg) -- Oil headed for a weekly gain on signs of tightening supplies before the release of US inflation data that may give further clues on the path forward for monetary policy.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingHuawei’s New Phone Runs Latest Version of Made-in-China ChipMalaysia in Talks With Tycoons on Casino to