Nasdaq Futures Rise on Tech Earnings and US Strikes
Nasdaq futures rose by 0.6% in early Thursday trade as investors digested tech earnings, fresh military action in the Middle East, and crucial inflation data due later today.
Microsoft's strong Azure growth reassured investors on AI spending, while Meta's larger capital expenditure plans sparked concerns over near-term returns.
Investors await results from Amazon and Apple after the bell today. Markets also monitored fresh U.S. strikes on Iran, a divided Federal Reserve, and key inflation data due later Thursday.