AAPL, GOOG, INTC Stk Futures Up Before the Bell
An upbeat report out of Intel Corp. carried U.S. stock futures higher on Wednesday as traders snapped up technology issues across the globe.
S&P 500 futures rose 9.6 points to 911 and Nasdaq 100 futures jumped 25 points to 1471.80. Futures on the Dow Jones Industrial Average rose 74 points.
A much stronger-than-forecast set of earnings from Goldman Sachs Group Inc. (GS) and higher-than-forecast retail sales helped nudge U.S. stocks higher on Tuesday. The Dow Jones Industrial Average rose 28 points, the S&P 500 added 5 points and the Nasdaq Composite rose 7 points.
Apple Inc (NASDAQ:AAPL, $144.59, +$2.32, 1.63%) shares were higher 1.63 percent to $144.59 on Wednesday pre-market trading session, while on Tuesday Apple shares droped 0.05 percent and closed on $142.27. Apple Inc. said users of the iPhone and iPod Touch media player have downloaded more than 1.5 billion programs from the company’s online store, signaling demand for the applications is accelerating. The pace of downloads has picked up since Apple reached the 1 billion mark in April. The App Store now has more than 65,000 free and paid programs available, up from more than 500 when the site was introduced a year ago, Apple said in a statement today.
Google Inc (NASDAQ:GOOG, $430.89, +$6.20, 1.46%) rose to 1.46 percent to $430.89 in pre-market trading session and on Tuesday Google shares were higher 0.09 percent and closed on $424.69. Google said its Friend Connect service will now support 47 different languages. This service allows the users to connect with their friends on different websites and blogs. With the main intention to connect social websites to non-social ones, Friend Connect represents and standardizes the content as well as the social apps. This service is available even in different Indian languages like Hindi, Marathi, Malayalam, Kannada, Oriya, Tamil, Bengali, Telugu and Gujarati.
Intel Corporation (NASDAQ:INTC, $18.12, +$1.29, 7.66%) jumped to 7.66 percent to $18.12 in pre-market trading session and on Tuesdat Intel shares rose 2.06 percent and closed on $16.83. Intel Corp. (INTC) rose 7.5% in Frankfurt after it reported a second-quarter loss after the market close on Tuesday after a fine from the European Union. But excluding that fine, its results were ahead of forecast, and it also issued formal guidance on the third quarter, the first time it’s done so in two quarters.
Related Posts
