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Stocks sink on GDP, tech giants Microsoft, Alphabet report results: Yahoo Finance

A weaker-than-expected read on US GDP has sent stocks reeling. The major indexes (^DJI, ^IXIC, ^GSPC) fell sharply after the US economy grew by only 1.6% in the first quarter, well below the 2.5% economists had been expecting. On the earnings front, investors are watching the latest quarterly reports from tech heavyweights Microsoft (MSFT) and Alphabet (GOOGL, GOOG). Trending tickers on Yahoo Finance include Meta Platforms (META), IBM (IBM), and Bristol-Myers Squibb (BMY).

Top guests today include:

3:20 p.m. ET - Paul Reilly, Raymond James CEO

3:30 p.m. ET - Naftali Holtz, Royal Caribbean Group CFO

3:45 p.m. ET - Bipul Sinha, Rubrik CEO

4:10 p.m. ET - Angelo Zino, CFRA Research Senior Equity Analyst