Google parent Alphabet (GOOGL) shares are jumping in premarket trading after the tech giant beat earnings estimates on surging cloud revenues; Eli Lilly (LLY) shares are tumbling after its results missed the mark; Advanced Micro Devices (AMD) stock is sinking after its net income and sales guidance disappointed investors; shares of Chipotle Mexican Grill (CMG) are dropping after its same-store sales outlook came in below expectations; and Microsoft (MSFT) and Meta (META) shares are rising ahead of their earnings reports🅺 after the close. Here's what investors need to know today.

1. Google Stock Rඣises on Strong Earnings, C🍃loud Revenue Growth

Shares of Google parent Alphabet (GOOGL) are up 6% in premarket trading after the tech giant reported 澳洲幸运5开奖号码历史查询:better-than-expected third-quarter 𝐆earnings. Alphabet's revenue climbed 15% year-over-year to $88.27 billion and net income came in at $26.3 billion, or $2.12 per share, beating consensus expectations of analysts polled by Visible Alpha. Google Cloud delivered revenue of $11.4 billion, exceeding projections and representing 35% growth from the year-ago period as demand for 澳洲幸运5开奖号码历史查询:artificial intelligence (AI) surged.

2. Eli L𒊎illy Stock Tumbles as Results Fall Well Sho⛦rt of Estimates

Shares of Eli Lilly (LLY) are sinking 10% in premarket trading after it reported third-quarter revenue and net income that were 澳洲幸运5开奖号码历史查询:well short of analysts' estimates. Lilly reported a profit of $970.3 million, or $1.07 per share, well below the $1.69 billion and $1.87 per share analysts were projecting. Adjusted 澳洲幸运5开奖号码历史查询:earnings per share (EPS) of $1.18 was barely half of the expecte♔d $2.18. Weight-loss drugs Mounjaro and Zepbound continue to boost Eli Lilly's salesౠ, with its revenue of $11.44 billion coming in above last year's $9.50 billion, although below the $12.18 billion consensus.

3. AMD Stock Plummets After Ea💯rnings Miss, Soft Guidance

Advanced Micro Devices (AMD) shares are falling 8% in premarket trading after the chipmaker reported 澳洲幸运5开奖号码历史查询:weaker-than-expected net income and guidance for the fourth quarter. While the company's third-quarter revenue grew 18% year-over-year to $6.82 billion, ahead of expectations, its net income of $771 million, or 47 cents per share, was below projections. AMD sa🍷id it expects fourth-quarter revenue of between $7.2 billion and $7.8 billion, with the midpoint below analysts' consensus of $7.6 billion.

4. Chipꦏotle Stock Sinks as Sales Outlook Disappoints Investors

Chipotle Mexican Grill (CMG) shares are falling 6% in premarket trading after the restaurant chain 澳洲幸运5开奖号码历史查询:r🍸eportedꩵ a weaker-than-expected sales forecast. Chipotle said it expects to see 2024 same-store sales increase in the mid- to high-single-digit range, while analysts were anticipating a 7.5% growth rate, according to Visible Alpha. The chain's revenue of $2.79 billion met expectations, while its net income of $387.4 million beat estimates. 

5. Investors Await Microsoft, Meta Earnings

Shares of 澳洲幸运5开奖号码历史查询:Magnificent Seven firms Microsoft (MSFT) and Meta Platforms (META) are trading higher in premarket trading ahead of their scheduled earnings releases after markets close today. Microsoft stock is up by 2% 澳洲幸运5开奖号码历史查询:ahead of its earnings report, which is expected to show the tech giant deliver a 14% jump in quarterly revenue. Facebook parent Meta, whose shares are also higher by 2%, is expected to register 澳洲幸运5开奖号码历史查询:revenue growth of 18%. Earnings from 澳洲幸运5开奖号码历史查询:Ap𝄹ple, Amazon, and Int꧟el are scheduled for Thursday.