BUZZ-U.S. STOCKS ON THE MOVE-Alphabet, Microsoft, Amazon, Skechers

Fri Oct 23, 2015 7:45am EDT
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(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter,; for the Morning News Call newsletter, U.S. stock index futures were higher on Friday after strong quarterly results from Alphabet, Microsoft and Amazon fueled a broad rally across the technology sector. Dow Jones industrial average futures were up 0.86 percent at 17,557, S&P 500 futures were up 0.77 percent at 2,068.75 and Nasdaq 100 futures were up 1.38 percent at 4,615.5.

** ALPHABET INC, Thursday close $681.14, +9.93 pct premarket

The new holding company for Google introduced its first share buyback and beat Wall Street's profit forecast on Thursday, helped by solid progress in mobile and video advertising.

** MICROSOFT CORP, Thursday close $48.03, +10.10 pct premarket

The company reported better-than-expected third quarter adjusted revenue for the ninth quarter in a row, driven by demand for cloud products.

** AMAZON.COM INC, Thursday close $563.91, +10.57 pct premarket

The e-commerce company on Thursday recorded a surprise profit for the second quarter in a row, propelled by higher sales in North America and its cloud computing business.   Continued...