Stocks shrug off recession alarms as Big Tech earnings blow off the roof
U.S. markets soared Thursday morning, lifted by blockbuster earnings from Microsoft (MSFT) and Meta (META) that seemed strong enough to overshadow Wednesday’s unexpected GDP contraction. With Big Tech’s collective market cap nearing $10 trillion, investor sentiment looked ready to ride the rally — if Amazon (AMZN) and…Read more...
U.S. markets soared Thursday morning, lifted by blockbuster earnings from Microsoft (MSFT) and Meta (META) that seemed strong enough to overshadow Wednesday’s unexpected GDP contraction. With Big Tech’s collective market cap nearing $10 trillion, investor sentiment looked ready to ride the rally — if Amazon (AMZN) and…
