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MARKETS LIVE BLOG:

STOCKS RISE, LED BY STELLAR ALPHABET, MICROSOFT EARNINGS

Results from 'Magnificent Seven' duo show cloud revenue boosted by strong AI demand

Stocks making the biggest moves premarket: Boeing, Tesla, General Electric, Facebook & more

Peter Schacknow

GE issued a 2019 outlook, saying it would earn an adjusted 50 cents to 60 cents per share for 2019, compared to the 70 cents a share consensus estimate. GE CEO Larry Culp said the company's challenges are "complex but clear" and that he expects 2020 and 2021 to be significantly better. Boeing BA — Boeing remains on watch after the Federal Aviation Administration grounded its fleet of 737 MAX jets while it investigates the causes of two recent overseas crashes involving the jet.

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