Dow Jones Futures Fall After Trump-Xi Trade Truce; Microsoft, Meta, Google Step Up Capital Spending
Investors·2025-10-30 12:06

Group 1 - Dow Jones futures fell slightly, while S&P 500 and Nasdaq futures edged lower following a meeting between President Trump and President Xi Jinping, which was described as "amazing" and "outstanding" [1] - Microsoft, Meta Platforms, and Alphabet (Google's parent company) exceeded earnings expectations, indicating strong capital spending [1] - Nvidia's stock surged, surpassing a $5 trillion market cap, driven by momentum in AI [4] Group 2 - Meta's stock declined despite a 26% revenue increase, attributed to two overshadowing factors [4] - Microsoft reported strong quarterly results, particularly in cloud and AI sectors, surpassing targets [4] - Palantir's stock reached a new record high, with analysts suggesting a split is "highly likely" [4]

Dow Jones Futures Fall After Trump-Xi Trade Truce; Microsoft, Meta, Google Step Up Capital Spending - Reportify