India, April 25 -- Following the lackluster performance seen in the previous session, stocks are likely to come under pressure in early trading on Thursday. The major index futures are currently pointing to a sharply lower open for the markets, with the S&P 500 futures down by 1.1 percent.
A negative reaction to earnings news from Meta Platforms (META) is likely to weigh on Wall Street, as the Facebook parent is plunging by 15.5 percent in pre-market trading.
Meta Platforms reported first quarter results that beat estimates on both the top and bottom lines but provided disappointing second quarter revenue guidance.
Tech giant IBM Corp. (IBM) is also likely to come under pressure after reporting weaker than expected first quarter revenues...