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 ...
Meta, Tesla, and Microsoft all reported their latest quarter earnings Wednesday, with results showing a mixed bag for some of the biggest tech names. Microsoft reported a 12% rise for the ...
In extended trading, shares of Meta Platforms and Tesla gained nearly 2% and 5%, respectively, while Microsoft shares dipped ...
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 ...
Meta and Tesla rally after-hours, while Microsoft slides. Stock futures edge higher—will the gains hold? Full market analysis ...
Apple reported $18.5 billion in sales in greater China last quarter, comfortably below consensus estimates of $20.9 billion.
Tesla stock rises on optimism over the electric-vehicle maker’s growth projections, Microsoft’s Azure growth misses estimates ...
Tesla, Microsoft, and Meta are reacting to earnings calls overnight, which came in after the bell on Wednesday.
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