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London pre-open: FTSE 100 to top 8,100 early on
UK stocks are expected hit more record highs on Friday as investors continued to digest another round of corporate earnings ahead of some crucial economic data from the US later on.
Friday newspaper round-up: Microsoft, mortgage rates, Boeing, Alphabet, Trump
Microsoft beat Wall Street estimates for its third-quarter revenue last night, driven by gains from artificial intelligence adoption across its cloud services and business software products. The company said its revenues had risen to $61. 9 billion, up by 17 per cent and exceeding the $60. 8 billion, or 15 per cent rise, that had been forecast. Its net income was $21. 9 billion, up by 20% from the year before. - The Times.
Anglo American rejects BHP's bid, GCP Infra offloads wind farm notes
London open The FTSE 100 is expected to open 60 points higher on Friday, having closed up 0. 48% on Thursday at 8,078. 86.
Anglo-American rejects £31bn BHP offer
Anglo American on Friday rejected an "opportunistic" £31bn bid from rival miner BHP, saying it significantly undervalued the company.