Here are some of the biggest stories investors will be watching on Thursday, April 25, 2024. A slew of companies will report their quarterly results including Microsoft (MSFT), Alphabet (GOOG, GOOGL), and Southwest Airlines (LUV). On the economic data front, the highly anticipated preliminary read on first quarter GDP will be released. Economists are expecting that the US economy grew by 2.2% in the first three months of the year. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
Shares of Meta Platforms tumble after a disappointing outlook, while IBM slumps after revenue misses analysts’ estimates. Microsoft, Alphabet, and Intel are scheduled to report earnings after the close of trading Thursday.
More earnings from Big Tech companies roll in later today, with Microsoft and Alphabet reporting after the market close. Intel, Snap, Roku, and Western Digital also release results. The group follows Meta Platforms.