US GDP: Economists expect the U.S. economy to grow by 2.4% in the first quarter of 2023, after gross domestic product (GDP) expanded by 3.4% in the fourth quarter of 2023. There is.
Microsoft: The world's largest company by market value saw revenue rise 15% to $60.8 billion and profit rise 37 cents to $2.82 a share in the three months to March, according to a Reuters survey of analysts. It is expected that it will be reported soon. Investors will be interested in the impact of new technology on the company's artificial intelligence services and cloud division Azure.
alphabet: Google's parent company is expected to report a 13% increase in first-quarter revenue to $78.6 billion due to higher advertising revenue. Earnings are expected to rise 29% to $1.51 per share. Investors will want to know more about the company's efforts to accelerate the deployment and development of AI products.
Other income: Merck, Caterpillar, Honeywell, Bristol-Myers Squibb, Altria, Northrop Grumman, Royal Caribbean Cruises, Southwest Airlines, American Airlines, Harley-Davidson and Hertz reported before the bell. Intel, Capital One, and Snap are reporting after the close.
Other economic data: New jobless claims in the U.S. are expected to rise slightly to 215,000 for the week ending April 20, compared with 212,000 the previous week. Pending home sales in the U.S. are expected to increase 0.8% in March, after increasing 2.6% in February.
Trump: The U.S. Supreme Court is scheduled to hear oral arguments to determine whether former President Donald Trump is immune from criminal prosecution for actions he committed while in the White House.
