Wall Street rises as gains in Meta, Tesla offset Microsoft slump
Wall Street's main indexes rose on Thursday, driven by post-earnings advances in Meta and Tesla, although Microsoft's weak cloud forecast and downbeat results from Cigna dampened investor enthusiasm. Microsoft MSFT.O dropped 4.7% after forecasting disappointing growth in its cloud computing business.
Meta Platforms is expected to earn $6.76 a share for the fourth quarter, up from $5.33 a year ago, according to analysts estimates on FactSet. Revenue of $47 billion is expected, along with nearly ...
In extended trading, shares of Meta Platforms and Tesla gained nearly 2% and 5%, respectively, while Microsoft shares dipped ...
Tesla, Microsoft, and Meta are reacting to earnings calls overnight, which came in after the bell on Wednesday.
Tesla is expected to earn $0.66 a share ... despite a late surge of promotional deals. The earnings call after results will be closely watched for CEO Elon Musk’s take on a variety of topics ...
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Nvidia stock trades lower, ASML rises after fourth-quarter bookings top analysts’ forecasts, and Wall Street awaits quarterly ...
Meta and Tesla rally after-hours, while Microsoft slides. Stock futures edge higher—will the gains hold? Full market analysis ...
US stocks gained steam on Thursday afternoon as investors digested megacap tech earnings and waited for Apple (AAPL) results ...
Tesla stock rises on optimism over the electric-vehicle maker’s growth projections, Microsoft’s Azure growth misses estimates ...
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