Reported about 22 hours ago
U.S. technology stocks experienced a significant jump after Microsoft and Meta Platforms reported better-than-expected results, alleviating concerns about the impact of heavy AI investment. However, shares of Apple and Amazon dipped slightly in after-hours trading due to disappointing forecasts related to Apple's tariff costs and Amazon's lower operating income projections. Microsoft shares rose 7.6%, and Meta's climbed 4.2%, showcasing resilience despite economic uncertainties.
Source: YAHOO