Tech Stocks Flourish Despite Tariff Concerns Thanks to Strong Earnings

Reported about 24 hours ago

Tech stocks had a positive week, with the S&P 500's tech sector index rising nearly 4% as major companies like Meta, Microsoft, Amazon, and Apple reported better-than-expected earnings. Despite concerns over tariffs and tightening trade restrictions, optimism about AI advancements helped fuel stock gains, particularly for Meta and Microsoft. The overall market received a boost from signs of potential trade war resolution with China, although Apple faced a decline due to tariff-related warnings.

Source: YAHOO

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