Check out the companies making headlines before the bell: Alphabet — The search giant jumped more than 7% after strong results that were boosted by revenue from Google Cloud and YouTube advertising. Alphabet earned $3.10 per share, on an adjusted basis, more than the $2.33 per share expected by analysts polled by LSEG. Revenue of $102.35 billion exceeded the $99.89 billion consensus estimate. Meta Platforms — The Instagram parent slumped more than 8% after raising its capital expenditures outlook to invest more in artificial intelligence. Meta expects to spend between $70 billion and $72 billion, up from previous guidance of $66 billion to $72 billion. The forecast overshadowed better-than-expected earnings and revenue in the third quarter. Microsoft — The Windows and Xbox owner fell 2% after finance chief Amy Hood said capital spending will accelerate this fiscal year. Microsoft posted better-than-expected results in its fiscal first quarter as revenue from its Azure cloud business soared 40%. Eli Lilly — Shares rose 5% as the anti-obesity drugmaker posted third-quarter earnings and revenue that topped estimates . Adjusted earnings came in at $7.02 per share versus analysts’ expected $5.69, while revenue was $17.60 billion against analysts’ $16.01 billion, according to FactSet. Lilly hiked its full-year revenue outlook to between $63 billion and $63.5 billion. Merck & Co. — The pharma giant fel …
