🧵 1. U.S. stocks rise as Microsoft and Alphabet kick off tech earnings. Cloud businesses and digital advertising expected to show strength. #finance
🧵 1. U.S. stocks rise as Microsoft and Alphabet kick off tech earnings. Cloud businesses and digital advertising expected to show strength. #finance
🧵 2. Tech giants' quarterly reports reveal potential growth in AI spending and strategy. Investors optimistic about transformative AI trend.
🧵 3. Tech stocks boosted by expectations of Federal Reserve ending interest rate increases. Markets await Fed Chair Powell's press conference for clues.
🧵 4. Consumer confidence exceeds expectations, rising to 117. Economic data this week includes GDP reports and key inflation gauge.
🧵 5. General Electric raises profit outlook, driven by strong demand from airlines. Verizon Communications and 3M Company also report positive stock moves.
🧵 Read more at: https://www.investing.com/news/stock-market-news/us-stocks-were-rising-as-microsoft-and-alphabet-kick-off-tech-earnings-3133455