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MARKETS LIVE BLOG:

STOCK FUTURES JUMP, LED BY STELLAR ALPHABET, MICROSOFT EARNINGS

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

Dow futures tick higher, Lululemon pops 13.1% after earnings

Investing.com
·1 min read

Investing.com - U.S. stock futures were trading slightly higher during Thursday's evening deals, after major benchmark averages closed out a positive session as market participants looked ahead to key employment data.

By 6:50pm ET (10:50pm GMT) Dow Jones Futures, S&P 500 Futures, and Nasdaq 100 Futures were each trading 0.1% higher.

In extended deals, Lululemon Athletica Inc (NASDAQ:LULU) added 13.1% after reporting Q1 EPS of $2.28 versus $1.96 expected on revenues of $2 billion versus $1.92 billion expected.

Broadcom (NASDAQ:AVGO) fell 1.8%, reporting Q2 EPS of $10.32 versus $10.12 expected, while revenues were reported at $8.73 billion versus $8.7 billion expected.

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SentinelOne (NYSE:S) shed 35.6% after the company reported Q1 losses of $0.15 per share versus expected losses of $0.17 per share, while revenue came in at $133.4 million versus $136.62 million expected.

MongoDB (NASDAQ:MDB) added 22.7% after the company reported Q1 EPS of $0.56 versus $0.18 expected, while revenue came in at $368.3 million versus $347.67 million expected.

Ahead in Friday's trade, market participants will be looking toward average hourly earnings, nonfarm payrolls, and unemployment rate data.

During Thursday's regular session, the Dow Jones Industrial Average added 153.3 points or 0.5% to 33,061.6, the S&P 500 lifted 41.2 points or 1% to 4,221 and the NASDAQ Composite gained 165.7 points or 1.3% to 13,102.

On the bond markets, United States 10-Year rates were at 3.604%.

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