Dow futures tick higher, Microsoft gains 3.5%, Alphabet sheds 6.5% after earnings

Investing.com – US stock futures were trading in a mixed fashion during Tuesday’s evening deals, following gains among major benchmark averages as investors remained focused on fresh earnings results from tech giants Microsoft Corporation (NASDAQ:) and Alphabet Inc. (NASDAQ:).

By 6:25pm ET (10:25pm GMT) were up by 0.1%, dipped 0.2% and slipped 0.3%.

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In extended deals, Microsoft (NASDAQ:) added 3.5% after Q1 EPS of $2.99 versus $2.65 expected while revenues came in at $56.5 billion versus $54.53 expected. The company’s cloud computing platform Azure also grew 29% in the quarter, compared to expected growth of 26%.

Alphabet Inc. (NASDAQ:) shed 6.5% after the company Q3 EPS of $1.55 versus $1.45 expected, while revenues were reported at $76.69 billion versus $75.98 billion expected. Cloud revenue rose to $8.4 billion versus $8.6 billion expected.

Texas Instruments (NASDAQ:) dipped 4.6% Q3 EPS of $1.80 versus $1.82 expected, while revenues were reported at $4.53 billion versus $4.57 billion expected.

Ahead in Wednesday’s trade, investors will be monitoring , as well as a speech from .

Major earnings are also expected to continue with Meta Platforms Inc (NASDAQ:), International Business Machines (NYSE:), T-Mobile US Inc (NASDAQ:) and Boeing Co (NYSE:) set to report quarterly results.

During Tuesday’s regular trade, the gained 205 points or 0.6% to 33,141.4, the added 30.7 points or 0.7% to 4,247.7 and the lifted 121.6 points or 0.9% to 13,139.9.

On the bond markets, rates were at 4.819%.