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News in English (USA) / 01.05.2025 / 10:00

Tech Titans Microsoft and Meta Report Strong Earnings, Boost Markets

In a positive turn for Wall Street, both Microsoft and Meta have reported stronger-than-expected earnings, alleviating concerns related to trade tensions and current economic conditions. Following their announcements, US stock futures surged, with major indices such as the Dow, S&P 500, and Nasdaq witnessing notable gains. The upbeat results from these tech giants sparked a rally in AI-related stocks, reflecting investor optimism. Despite a disappointing GDP report, the market mood improved significantly as both companies demonstrated robust financial performance, calming anxiety over a potential tech slowdown. Investors are now closely monitoring other major companies as earnings season continues.
Reuters, "Investors Business Daily", WSJ, CNBC, Bloomberg.com, Investing.com, Yahoo Finance, MarketWatch, Al Jazeera, qz.com