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5/2/2025 12:25 PM
Wall Street bounced back in a big way this week, as strong earnings from Microsoft (MSFT) and Meta Platforms (META) reignited artificial intelligence (AI) optimism and powered a rally in chip stocks like Nvidia (NVDA), helping the market brush off a third-straight monthly loss and early-week recession concerns. Trade tensions lingered with little progress on China but potential developments with India. Meanwhile, economic data remained mixed, with a surprise GDP contraction
5/1/2025 4:24 PM
Big Tech powerhouses Microsoft (MSFT) and Meta Platforms (META) led markets higher today, increasing optimism around artificial intelligence (AI), with impressive earnings beats out of both 'Magnificent 7' members. The boost also sent chip favorites such as Nvidia (NVDA) higher, leading all three indexes to healthy session wins. The Dow and S&P 500 have now extended their daily win streaks to eight. Stocks are also eyeing weekly wins heading into Friday, quickly brushing off April's steep
5/1/2025 2:25 PM
) and Microsoft (MSFT). The shares boast a 61% year-over-year lead, and are pacing for their seventh
5/1/2025 11:06 AM
Microsoft (MSFT) and Meta Platforms (META), which are both rising after their results. Apple stock
5/1/2025 11:04 AM
Shares of Microsoft Corp (NASDAQ:MSFT) and Meta Platforms Inc (NASDAQ:META) are surging after earnings -- and dragging the broader market higher with them. Strong quarterly results from the two Big Tech giants helped ease investor concerns over a potential slowdown in artificial intelligence (AI, across all major business units for the current quarter. In response, MSFT is on track for its best, of which came from Jefferies, to $550. Meanwhile, Oppenheimer assumed coverage on MSFT with a "perform