Nasdaq 100 futures surged after hours Thursday after encouraging earnings from Amazon.com and Google parent Alphabet.
Just like last year, economic growth in the first quarter looks stagnant, but many economists expect a bounce back in the second quarter.
Alphabet, the public holding company of Google, makes most of its money from advertising.
As part of the deal, the settlement amount remains confidential.
Uber confirmed his decision to Recode.
For the second quarter in a row, Starbucks' same-store sales failed to meet Wall Street expectations, sending shares down more than 4 percent in aftermarket trading Thursday.
Microsoft said Surface sales slowed, blaming a decline in interest of the Surface Pro products. It should introduce the Surface Pro 5 to spur interest.
Groups used Facebook to share private info found in emails and to create fake accounts with false information to tarnish political figures.
The percentage of people shopping online from emerging markets such as Brazil, China and India more than doubled between 2011 and 2016.
A 26% decline in Surface revenue caused a shortfall in the company's "More Personal Computing" segment, while LinkedIn contributed $965 million in opex.
The Trump administration had lacked consistency on that part of the tax plan since they unveiled it.
Shares of Honeywell rose more than 3% after hours following a report that Dan Loeb's Third Point had taken a new stake in the company.
The company reported that revenue from its "more personal computing" segment, which includes Surface, badly missed estimates.
Its media strategy to add 18 Indian series, as well as increase local and international titles for streaming, may throw a wrench in its competitor's plans.
Here's how things could change, from itemized deductions to estate taxes, with Trump's latest tax plan.
Intel is expected to report first-quarter earnings after the bell Thursday.
Bitcoin rose more than 3 percent during Thursday intraday trading to set a new all-time high price of $1,331.31.
The International Energy Agency has warned that insufficient investment could lead to a tightening of global oil supplies.