Updated from 6:28 a.m. EDT.
Here are 10 things you should know for Friday, April 25:
1. -- U.S. stock futures were pointing lower on Friday and global stocks tumbled amid mounting tensions in Ukraine.
Japan's Nikkei 225 was one of few global markets to post gains on Friday, rising 0.2%
2. -- The economic calendar in the U.S. on Friday includes the final University of Michigan sentiment index for April at 9:55 a.m. EDT.
3. -- U.S. stocks on Thursday closed mostly higher in a volatile session.
The Dow Jones Industrial Average closed unchanged at 16,501.65, while the S&P 500 added 0.17% to 1,878.61. The Nasdaq gained 0.52% to finish at 4,148.34.
4. -- Microsoft (MSFT - Get Report) reported better-than-expected fiscal third-quarter earnings and in-line revenue amid a surge in Azure, Office 365 and Surface sales.
"This quarter's results demonstrate the strength of our business, as well as the opportunities we see in a mobile-first, cloud-first world," Microsoft CEO Satya Nadella said on Thursday.
The software giant posted net income of $5.66 billion, or 68 cents a share, compared with year-earlier earnings of $6.06 billion, or 72 cents. Revenue was $20.4 billion vs. $20.49 billion a year earlier. Microsoft was expected by analysts to earn 63 cents a share in its third quarter on revenue of $20.4 billion.
Microsoft shares rose 2.6% in premarket trading to $40.89.
5. -- Internet retailing giant Amazon (AMZN - Get Report) reported first-quarter revenue of $19.74 billion, a 22.8% increase from the year-earlier quarter. Analysts expected revenue of $19.42 billion.
Net income for the quarter rose to $108 million, or 23 cents a share, from year-earlier net income of $82 million, or 18 cents a share.
Amazon forecast an operating loss for the second quarter as it continues to invest heavily both internationally and at home.
Amazon shares fell almost 3% to $327.20 in premarket trading on Friday.
6. -- U.S. automaker Ford (F) missed Wall Street estimates as first-quarter profit fell 39% due primarily to lower sales and higher warranty cost reserves in North America.
The stock declined 2.8% in premarket trading to $15.87.
7. -- Four major tech companies including Apple (AAPL) and Google (GOOG) have agreed to pay a total of $324 million to settle a lawsuit accusing them of conspiring to hold down salaries in Silicon Valley, sources familiar with the deal told Reuters, just weeks before a high profile trial had been scheduled to begin.
Tech workers filed a class action lawsuit against Apple, Google, Intel (INTC) and Adobe (ADBE) in 2011, alleging they conspired to refrain from soliciting one another's employees in order to avert a salary war. They planned to ask for $3 billion in damages at trial, according to court filings. That could have tripled to $9 billion under antitrust law, Reuters reported.
8. -- Starbucks (SBUX) posted in-line fiscal second-quarter earnings on Thursday, helped by lower coffee costs, but revenue fell short of Wall Street's estimates.
The coffee chain bumped up its per-share earnings guidance for fiscal 2014.
Starbucks shares rose 1.4% to $72.10 in premarket trading.
9. -- U.S. prosecutors are seeking more than $13 billion from Bank of America (BAC) to resolve federal and state investigations of the lender's sale of bonds backed by home loans in the run-up to the 2008 financial crisis, Bloomberg reported, citing people familiar with the matter.
The settlement would come on top of the $9.5 billion the bank agreed last month to pay to resolve Federal Housing Finance Agency claims, two people told Bloomberg. A deal could come within the next two months, the people said.
10. -- France's markets regulator ordered trading suspended in shares of engineering company Alstom amid speculation that General Electric (GE) is considering buying it.
Reports that GE may make a bid sent Alstom shares spiking this week, and its stock closed nearly 11% higher Thursday at 27 euros.
Bloomberg reported that Alstom's board plans to meet Friday to discuss the company's potential sale to GE. Bloomberg cited a person familiar with the matter.
-- Written by Joseph Woelfel