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News in English (USA) / 01.05.2025 / 17:00

Tech Stocks Surge, Boosting Wall Street as Microsoft and Meta Impress Investors

On Wall Street, stocks rallied significantly, led by the Nasdaq, spurred by impressive earnings reports from tech giants Microsoft and Meta. These strong results have helped to alleviate concerns over potential tariff impacts and rekindle enthusiasm for AI investments. The market saw the Dow Jones jump by 400 points, continuing a trend of gains for the eighth consecutive day. Analysts noted that the robust performances from Microsoft and Meta have also positively influenced other major companies, with expectations high for upcoming earnings from Apple and Amazon. The overall market sentiment appears bullish, shrugging off recession fears and showcasing a resilient tech sector.
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