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Mega-cap tech stocks have strongly outperformed the S&P 500 over the past two years. The Magnificent Seven cohort showed 36% earnings growth for the last reported year, versus a 4% decline for others.
Meta Platforms rose 2.4% in premarket trading after beating estimates for fourth-quarter revenue, but predicted that sales in the current first quarter might miss estimates. Tesla added 2.2% after ...
US stocks dipped on Tuesday as traders waited for a slew of corporate earnings reports and economic data releases. Major indexes edged lower and bond yields rose. The 10-year Treasury yield was up ...
Meta's earnings-release time is shortly after 4 p.m. ET, and its conference call with analysts will start around 5 p.m. Meta's stock was up 15% year-to-date through Tuesday's close, outpacing the ...
Chip stocks rallied, boosted by Foxconn's strong earnings report. US stocks jumped on Monday, led by mega-cap technology stocks like Nvidia, Alphabet, and Meta Platforms as investors revived the ...
The Nasdaq hit a new record, but the S&P 500 and the Dow ended a multi-week rally. Mega-cap tech earnings will be in the spotlight next week.
The big earnings show will begin next week, when mega-cap tech companies, including Apple, Meta Platforms, and Tesla set to report results. Investors are also bracing for the Federal Reserve's ...
The Nasdaq hit a record high, driven by a surge in mega-cap tech stocks on Monday. The Federal Reserve is expected to cut interest rates by 25 basis points this week.