scorecardresearchGlobal Markets: Google gives jittery stocks a lift ahead of Fed

Global Markets: Google gives jittery stocks a lift ahead of Fed

Updated: 27 Jul 2022, 07:58 AM IST
TL;DR.
Nasdaq 100 futures bounced 1.4% and S&P 500 futures were up 0.8% in Asia after Microsoft forecast steep revenue growth and Google parent Alphabet posted strong search engine ad sales.
FILE - The Google logo is displayed at their offices on Nov. 1, 2018, in Granary Square, in London. Google’s revenue growth during the past quarter decelerated to its slowest pace in two years as advertisers reined in their spending amid intensifying fears of an economic recession. The regression reported Tuesday, July 26, 2022, by Google’s corporate parent, Alphabet, is the latest sign that the tailwinds propelling big technology companies during the pandemic have shifted into a challenging new direction. (AP Photo/Alastair Grant, File)

FILE - The Google logo is displayed at their offices on Nov. 1, 2018, in Granary Square, in London. Google’s revenue growth during the past quarter decelerated to its slowest pace in two years as advertisers reined in their spending amid intensifying fears of an economic recession. The regression reported Tuesday, July 26, 2022, by Google’s corporate parent, Alphabet, is the latest sign that the tailwinds propelling big technology companies during the pandemic have shifted into a challenging new direction. (AP Photo/Alastair Grant, File)