Check out the companies making headlines before the bell: Microsoft — Shares gained 4% after the tech giant reported fiscal third-quarter results that topped expectations as its Azure business continued to show momentum. Alphabet — The tech behemoth surged more than 11%. Alphabet posted first-quarter results that topped estimates and issued its first-ever dividend, as well as a $70 billion buyback. Earnings of $1.89 per share topped the $1.51 in earnings per share anticipated by analysts polled by LSEG. Revenue of $80.54 billion topped expectations of $78.59 billion. Snap — The social media stock surged 22% after Snap’s first-quarter results exceeded expectations. Revenue rose 21% to $1.19 billion, spurred by improvements in the company’s advertising platform. Intel — Shares dropped more than 8% as investors weighed the chipmaker’s first-quarter financial results . Although Intel’s adjusted earnings per share of 18 cents beat estimates by 4 cents, according to LSEG, the company came up light in sales, posting $12.72 billion versus $12.78 billion expected. Intel gave a weak forecast for the current quarter. Exxon Mobil — Shares dipped nearly 2% after the oil giant’s first-quarter earnings of $2.06 per share missed the LSEG consensus estimate of $2.20 per share. Revenue of $83.08 billion topped estimates of $78.35 billion. Chevron — Shares dipped 0.4% after Chevron’s first-quarter revenue of $48.72 …
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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines before the bell: Microsoft — Shares gained 4% after the tech giant reported fiscal third-quarter results that topped expectations as its Azure business continued to show momentum. Alphabet — The tech behemoth surged more than 11%. Alphabet posted first-quarter results that topped estimates and issued its first-ever dividend, as well as a $70 billion buyback. Earnings of $1.89 per share topped the $1.51 in earnings per share anticipated by analysts polled by LSEG. Revenue of $80.54 billion topped expectations of $78.59 billion. Snap — The social media stock surged 22% after Snap’s first-quarter results exceeded expectations. Revenue rose 21% to $1.19 billion, spurred by improvements in the company’s advertising platform. Intel — Shares dropped more than 8% as investors weighed the chipmaker’s first-quarter financial results . Although Intel’s adjusted earnings per share of 18 cents beat estimates by 4 cents, according to LSEG, the company came up light in sales, posting $12.72 billion versus $12.78 billion expected. Intel gave a weak forecast for the current quarter. Exxon Mobil — Shares dipped nearly 2% after the oil giant’s first-quarter earnings of $2.06 per share missed the LSEG consensus estimate of $2.20 per share. Revenue of $83.08 billion topped estimates of $78.35 billion. Chevron — Shares dipped 0.4% after Chevron’s first-quarter revenue of $48.72 …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
