news flash·2025-05-01 13:33Core Viewpoint - US stock market opened higher with all three major indices rising, driven by strong performance in technology stocks, particularly Microsoft which surged by 9% following better-than-expected earnings [1] Group 1: Market Performance - Dow Jones increased by 0.61% [1] - Nasdaq rose by 2.01% [1] - S&P 500 index gained 0.98% [1] Group 2: Company Highlights - Microsoft reported strong growth in its cloud computing business, leading to a 9% increase in stock price [1] - Meta's stock rose by 8% due to a 16% year-over-year growth in advertising revenue for Q1 [1] - Qualcomm's stock fell by 8% amid renewed concerns over tariffs following its earnings report [1] Group 3: Financial Projections - Meta's projected capital expenditures for the full year 2025 are estimated to be between $64 billion and $72 billion [1]