Microsoft and Meta beats send Nasdaq 100 futures higher

The eagerly awaited Q1 earnings report from Microsoft (MSFT) has just been released. The markets were expecting a Q1 EPS of $3.21 and revenue of $68.41 billion. The actual numbers are better than that. EPS was $3.46 and revenue was at $70.7 billion. Ahead of this the Nasdaq 100 had managed to recover much of the earlier session loss, which had seen it fall very close to 19k after the US GDP and PCE data really disappointed the markets. The low seen was set at 19,011 after the index had reopened today at 19,168. The index had closed last night at 19,544. The index  has just closed tonight at 19,571 after rising sharply into the close, reaching 19,612. The Nasdaq 100 futures are higher in after hours trading following the strong report from Microsoft. In fact the Q1 report from Meta has also just been released earlier than forecast and that was a beat too. The share price is around 3.5% higher in after hours trading and Microsoft is even better rising nearly 5% a short while ago. The impact of that has helped to push the Nasdaq 100 futures higher again and right now the index is pricing an opening above 19,675