Nasdaq futures fall as Alphabet slides and Microsoft rises on results

Nasdaq 100 futures dropped 1.2% on Thursday following mixed financial results from Alphabet and Microsoft. S P 500 futures declined 0.4%, whereas Dow futures increased by 0.35%. Investors are currently evaluating the balance between Big Tech AI expenditures and the speed of their returns. These mixed outcomes from major technology firms are testing the AI trade, leading to a general downward trend for US tech stocks as markets prepare to open for the day.