KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia closed lower on Friday amid mixed regional market performance as investors turned cautious over a possible rate hike by the Bank of Japan (BOJ) and upcoming US economic data that may influence the Federal Reserve’s (Fed) interest rate decision next week. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) pared most earlier losses to settle 4.55 points easier, or 0.28 per cent, to 1,616.52 from Thursday’s close of 1,621.07. The benchmark index, which opened 0.37 of-a-point lower at 1,620.70, moved between 1,609.67 and 1,621.25 throughout the day. The broader market was negative, with decliners outpacing advancers 604 to 439. A total of 550 counters were unchanged, 1,151 untraded, and 18 suspended. Turnover declined to 3.17 billion units worth RM2.24 billion from 4.48 billion units worth RM2.75 billion yesterday. Rakuten Trade Sdn Bhd vice-presiden...
U.S. stock futures climbed on Thursday as strong results from Microsoft and Meta fueled a tech-driven surge ahead of the market open.
Market Overview:
NASDAQ 100 Futures: +1.4%
S&P 500 Futures: +1%
Dow Futures: +0.4%
Big Tech Earnings Boost:
Microsoft (MSFT): Shares up 9% pre-market. Q4 FY2025 revenue hit $76.4B (+18% YoY) with net profit of $27.2B (+24%).
Meta Platforms (META): Shares jumped 12%. Q2 revenue came in at $47.52B (+22% YoY) with net profit of $18.34B (+36%).
Other Movers:
Qualcomm (QCOM): -5% after Q3 revenue of $10.37B (+10% YoY); net profit $2.67B (+25%).
Arm Holdings (ARM): -7% as Q1 FY2026 net profit slid 42% despite revenue growth.
Applied Digital (APLD): +20% on Q4 revenue surge of 41% to $38M.
eBay (EBAY): +10% as Q2 revenue rose 6% to $2.73B.
Carvana (CVNA): +16% with revenue jumping 42% to $4.84B.
NVIDIA (NVDA): +2%; Amazon (AMZN) and AMD (AMD) up 3%.
Summary: Strong earnings from Microsoft and Meta ignited a rally in tech stocks, pushing U.S. futures higher and setting the tone for a bullish market open.
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