Alphabet (GOOGL.O) Chief Financial Officer Ruth Porat: The financial report reflects the continued resilience of the search business, the acceleration of search and YouTube revenue growth, and the growth momentum of the cloud business.

Microsoft ( MSFT.O ) had product revenue of $16.85 billion in the fourth quarter and services and other revenue of $39.34 billion.

Alphabet (GOOGL.O) Q2 earnings per share in 2023 will be $1.44, the market expects $1.34, and $1.21 in the same period last year.

Alphabet (GOOGL.O) Q2 earnings per share in 2023 will be $1.44, the market expects $1.34, and $1.21 in the same period last year.

Microsoft ( MSFT.O ) fell 2 percent after hours after the earnings report.

Google ( GOOG.O , GOOGL.O ) rose 3 percent after hours.

The Hang Seng Index futures closed down 0.5% in night trading, at 19390 points, 44 points below water.

The Hang Seng Index futures closed down 0.46% in night trading, at 19397 points, 49 points below water.

GBP/USD gained 0.50% on the day to trade at 1.2898.

The KBW Bank Index quickly fell to session lows.

McCarthy, Speaker of the U.S. House of Representatives: Will not announce the launch of an impeachment inquiry against Biden.

The Nasdaq 100 rose 1% to hit a session high.

The U.S. House of Representatives Judiciary Committee will vote on whether Meta Platforms (META.O) CEO Mark Zuckerberg is in contempt of court on Thursday (July 27).

McCarthy, Speaker of the U.S. House of Representatives: Considering an impeachment inquiry against U.S. President Joe Biden.

Pentagon: Russia is responsible for harassing U.S. drones in Syria.

The Fed accepted a total of $1.721 trillion from 96 counterparties in fixed-rate reverse repurchase operations.

The U.S. five-year Treasury yield was slightly higher after the Treasury auction, up 6.2 basis points on the day to 4.188%.

U.S. Department of Defense: New round of U.S. aid to Ukraine includes provision of anti-aircraft ammunition, armored vehicles and anti-armor weapons.