Updated from 6:38 a.m. EDT
Here are 10 things you should know for Thursday, April 24:
1. -- U.S. stock futures were rising and European shares gained as two U.S. technology giants posted strong earnings.
Stocks in Tokyo slipped after talks between Japan's prime minister and visiting President Obama failed to finalize a trade agreement. The Nikkei 225 fell 1%.
2. -- The economic calendar in the U.S. on Thursday includes weekly initial jobless claims at 8:30 a.m. EDT, and durable-goods orders for March at 8:30 a.m.
3. -- U.S. stocks on Wednesday slipped amid tepid Chinese economic data and a 14.5% month-over-month drop in U.S. new-home sales.
The Dow Jones Industrial Average lost 0.08% to close at 16,501.65, while the S&P 500 closed off 0.22% to 1,875.39. The Nasdaq declined 0.83% to 4,126.97.
4. -- Apple (AAPL), the iPhone and iPad maker, reported fiscal second-quarter earnings that topped Wall Street estimates, and it announced a 7-for-1 stock split.
Apple reported earnings of $11.62 a share on revenue of $45.6 billion. The company shipped 43.7 million iPhones, 16.4 million iPads, and 4.1 million Macs during the quarter.
Gross margin, a highly watched level for Apple, came in at 39.3%.
For the fiscal third quarter, Apple said it expects revenue of between $36 billion and $38 billion, with gross margins between 37% and 38%.
Apple also announced that it was raising its capital allocation program to more than $130 billion by the end of calendar year 2015. As part of the program, Apple's board increased its share repurchase authorization to $90 billion from $60 billion, and boosted its quarterly dividend by 8% to $3.29 a share.
The stock was up 8.7% in premarket trading to $570.15.
Non-GAAP earnings in the quarter were 34 cents a share; analysts expected 24 cents.
Facebook shares rose 4.9% in premarket trading to $64.36.
6. -- Shares in French train and equipment manufacturer Alstom spiked on reports that General Electric (GE) is considering making a bid for the company.
Alstom said in a statement Thursday that it has not been "informed of any potential public tender offer for shares of the company."
GE is in discussions to pay more than $13 billion for Alstom, Bloomberg reported on Wednesday, citing people with knowledge of the matter said yesterday.
GE shares rose 0.6% in premarket trading to $26.57. 7. -- Internet retailing giant Amazon (AMZN) is expected by analysts on Thursday to report first-quarter earnings of 23 cents a share on revenue of $19.43 billion.
Amazon announced on Wednesday that it inked an exclusive multi-year online-only subscription deal for select HBO programming to bring some of its most popular shows to Amazon Prime Members.
8. -- Wall Street expects software maker Microsoft (MSFT) to report fiscal third-quarter profit of 63 cents a share on revenue of $20.39 billion.
9. -- General Motors (GM) reported profit of 6 cents a share in the first quarter on revenue of $37.4 billion. Analysts forecast earnings of 4 cents a share on sales of $38.4 billion.
GM shares rose 2% to $35.10 in premarket trading. 10. -- Online game maker Zynga's (ZNGA) founder Mark Pincus is stepping down as chief product officer, less than a year after he was replaced as the company's CEO, as the company's sales slide.
Zynga said Wednesday that Pincus will remain chairman of the company he founded in 2007.
Zynga shares rose 5% to $4.64 in premarket trading on Thursday. -- Written by Joseph Woelfel
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