Right at the stock market opening, the broad S&P 500 index is down 0.6 percent, while the Nasdaq Composite Index is down 0.8 percent.
Facebook owner Meta plunged 12 percent after yesterday's report. Microsoft also lost ground on its report and is down 2 percent. On the other hand, Google owner Alphabet rose 4 percent on its report.
Pharmaceutical giant Eli Lilly rises 1 percent after reporting results that clearly exceeded expectations.
The significantly smaller pharmaceutical company Metsera is soaring 20 percent after Novo Nordisk and Pfizer began a bidding war for the company.
Later this evening, stock market giants Apple and Amazon will report.
