Today’s market is witnessing mixed performances among major tech stocks post-earnings reports. Meta Platforms has surged, achieving a record high after exceeding consensus estimates in all financial aspects. In contrast, Microsoft’s shares have dropped 6% following disappointing revenue projections, and Tesla's stock is experiencing fluctuation. The recent earnings of Tech giants have elevated overall market indexes, but concerns about China-based startup DeepSeek threaten U.S. dominance in AI, creating a complex situation for stateside tech companies battling to maintain their market leadership despite heavy investments into AI.
Meta's strong Q4 results surpassed expectations, driving its stock up over 4% to a new all-time high, even as other tech giants faced challenges.
Microsoft's struggle with a disappointing revenue outlook has led to a 6% drop in share price, contrasting notably with Meta's soaring performance.
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