U.S. stock futures are down as market watchers evaluate disappointing earnings from Magnificent Seven firms; Meta Platforms (META) shares are falling in premarket trading despite beating earnings estimates as spending levels worry investors; Microsoft (MSFT) stock is down after its cloud services revenue came in below analysts' expectations; the 澳洲幸运5开奖号码历史查询:Personal Cಞonsumption Expenditur🍬es (PCE) inflation index for September is due today as the 澳洲幸运5开奖号码历史查询:Federal Reserve considers more interest-rate cuts; and Amazon (AMZN), Apple (AAPL), and Intel (INTC) are set to report earnings after the close.🀅 Here's what investor🐼s need to know today.

1. US Stock Futures Lower as Tech Tumble 🔥Spooks 🌟Investors

U.S. stock futures are trading lower after disappointing earnings from Mag 7 firms after the close Wednesday left investors rattled. The Nasdaq is down almost 1% in premarket trading, after the 澳洲幸运5开奖号码历史查询:tech﷽-focused index hit an all📖-time high during intraday trading yesterday before finishing lower. 澳洲幸运5开奖号码历史查询:S&P 500 and 澳洲幸运5开奖号码历史查询:Dow Jones Industrial Average futures also are down less than 1%. Gold futures are slightly lower after 澳洲幸运5开奖号码历史查询:hitting a record high yesterday, while bitcoin is little changed as it 澳洲幸运5开奖号码历史查询:stays near its record high. Oil futures are up less than 1%.

2. Meta Stock Falls After Raising Projecte✃d Spending Levels

Shares of Meta Platforms (META) are 3% lower in premarket trading after the social media giant said it would 澳洲幸运5开奖号码历史查询:ramp up spending as it invests in 澳洲幸运5开奖号码历史查询:artificial intelligence (AI). The Facebook parent reported $40.59 billion in revenue, up from $34.15 billion the same time last year and above the $40.27 billion 澳洲幸运5开奖号码历史查询:analysts had expected, according to estimates compiled by Visible Alpha. Meta posted $15.69 billion in 澳洲幸运5开奖号码历史查询:net income, up from $11.58 billion and better than the $13.58 billion analysts had projected. The company also raised the bottom of its full-year 澳洲幸运5开奖号码历史查询:capital expenditures outlook range to $38 billion from $37 billion.

3. Microsoft Stock Drops as Cloud Revenuꩲe Growth Misses Estimates

Microsoft (MSFT) shares are declining 4% in premarket trading after the tech giant's 澳洲幸运5开奖号码历史查询:cloud services revenue growth was lower than analysts' projections. The company🌟's third-quarter revenue was up 16% year-over-year to $65.59 billion, better than the consensus from Visible Alpha, while its net income of $24.67 billion, or $3.30 per share, was higher than expectations. But while Microsoft's cloud segment brought in revenue of $24.09 billion, a 20% increase, it was short of estimates of $28.97 billion.

4🐻. September Inflation♎ Data Comes as Fed Eyes More Rate Cuts

Market watchers will get key inflation data today at 8:30 a.m. with the release of the 澳洲幸运5开奖号码历史查询:Personal Consumption𒁃 E🅷xpenditures (PCE) index for September. The economic indicator is expected to show inflation 澳洲幸运5开奖号码历史查询:fell to a 2.1% annual rate for the month, according to economists surveyed by The Wall Street Journal and Dow Jones Newswires. It would be a decline from the prior month and put the inflation rate at its lowest level in three years. The data comes ahead of next week's meeting of the 澳洲幸运5开奖号码历史查询:Federal Reserve, where officials could a🃏gain lower interest rates as inflation moves closer to the central ban🌱k's target of 2%.

5. Bi♏g Tech Earnings Continue With Amazon, Apple, Intel After Close

Investors will get more Big Tech earnings after markets close today, with Amazon (AMZN), Apple (AAPL) and Intel (INTC) all set to report. Amazon is expected to post a 25% year-over-year profit jump to $12.32 billion, as investors are likely to 澳洲幸运5开奖号码历ꩵ史查询:scrutinize the online retailer's earn🔥ings for its AI spending. Apple is expected to show a 5% revenue increase in its report, the first since the company 澳洲幸运5开奖号码历史查询:released its AI-powered iPhone 16 in September. And analysts are expecting struggling chipmaker Intel to 澳洲幸运5开奖号码历史查询:repoꦉrt a net loss of 🍷almost $1 billion and an 8% decline in revenue. Shares of Amaz💜on and Apple are slightly lower in premarket trading, while those of Intel are slightly higher.