By Patricia Kowsmann
Alphabet $(GOOG)$, $(GOOGL)$: Googles parent said quarterly profit jumped by more than half and announced its first cash dividend. Shares soared 11% ahead of the opening bell.
Microsoft $(MSFT)$: The software company reported quarterly results that beat Wall Street estimates for sales and revenue. Shares rose 4% premarket.
Intel $(INTC)$: The chip maker reported a quarterly loss and disappointing outlook amid a multi-year turnaround effort. Shares sank 7% premarket.
Snap (SNAP): The company behind Snapchat reported 21% revenue growth in the first quarter, blowing past market expectations and its own guidance. Shares jumped 23% ahead of the opening bell.
Anglo American (UK: AAL): The miner rejected a $38.8 billion takeover bid from rival BHP (UK: BHP, BHP), saying the proposal undervalues its shares and is unattractively structured. Its stock slipped in London. BHP's dropped more than 4%.
CVC Capital Partners (NL: CVC): The private-equity companys stock began trading on the Amsterdam stock exchange, surging from the price set in its initial public offering.
Earnings are due from Exxon Mobil $(XOM)$ and Chevron $(CVX)$, among others, ahead of the market open.
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(END) Dow Jones Newswires
April 26, 2024 04:42 ET (08:42 GMT)
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