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The S&P 500 and Nasdaq 100 are set to open higher after both Alphabet and Microsoft posted strong first-quarter earnings reports.

Trump Media's DJT stock price has plunged after its SPAC merger. And it's probably going to get worse once Trump himself can sell shares.

Trump's media company, which runs Truth Social, is flying high after starting trading. There are plenty of reasons to believe it won't stay up there.

JPMorgan CEO Jamie Dimon, Bridgewater Associates founder Ray Dalio, and BlackRock chief Larry Fink have also cited similar concerns.

The share price surges came as investors cheered stellar results from both tech giants for the final three months of 2023.

Meta cofounder and CEO Mark Zuckerberg owns 350 million shares in the company that just announced a 50 cent-per-share quarterly dividend.

It's the first time in more than two years that the Facebook founder sold some of his stake in the social-media giant.