CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are.
Nvidia pulled back 7% and Microsoft fell 0.9% during the normal session before reporting earnings after the bell.
Still, Microsoft beat estimates as quarterly revenue increased 15% from a year ago to $64.73 billion and net income rose to $22.04 billion.
Starbucks missStarbucks' quarterly revenue slid 1% to $9.11 billion, missing forecasts as same-store sales declined for the second straight quarter.
Net income fell to $1.05 billion from $1.14 billion a year ago, though it met analysts' expectations.
Persons:
Tamas Varga, PVM, Tom Lee
Organizations:
New York Stock Exchange, CNBC, Big Tech, Nasdaq, megacaps Meta, Apple, Dow Jones, Nvidia, Microsoft, Fed, Microsoft Microsoft, West Texas Intermediate, Brent
Locations:
New York City, U.S, China