[MARKET UPDATE] Equity futures choppy on mega-cap earnings, initial gains faded as MSFT pares upside, META tumbles while AMZN move off lows with GOOGL rallying

The choppy movement in equity futures reflects mixed sentiment around mega-cap earnings.

Newsquawk StaffPublished 29 Apr 2026, 20:48 UTCOn the live feed at 20:28 UTC — 7 more headlines followed before this page went public

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20:31

Newsquawk US Market Wrap: Crude gains on geopolitical tensions while hawkish Fed statement lifts yields

20:30

O'Reilly Automotive Inc. (ORLY) Q1 2026 (USD): EPS 0.72 (exp. 0.70), Revenue 4.56bln (exp. 4.46bln), sees FY EPS between 3.15-3.25 (exp. 3.22) and revenue between 18.7-19bln (exp. 18.9bln)

20:28

[MARKET UPDATE] Equity futures choppy on mega-cap earnings, initial gains faded as MSFT pares upside, META tumbles while AMZN move off lows with GOOGL rallying

20:20

Iranian Navy Commander says we have closed the Strait of Hormuz from the Arabian sea side and will take swift action if enemy advances, Al Araby reports

20:08

Ford (F) Q1 2026 (USD): Adj. 0.66 (exp. 0.18), Revenue 43.3bln (exp. 42.6bln)

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Context

Microsoft's decline after initially solid results and Meta's significant drop are weighing on broader sentiment, while Amazon's recovery and Alphabet's rally suggest a more positive outlook for some segments. This volatility may indicate investor caution as they reassess growth expectations and potential impacts on the tech sector's performance.

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