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Amazon and Meta surge after results, while Apple drops

Meta Platforms and Amazon.com added a combined $280 billion in stock market value late on Thursday after the Big Tech duo reported quarterly results that impressed investors, while Apple's value shrank by $70 billion after its results. Meta's stock surged over 14 per cent to a record high $451 after the b
Gil Luria Tim Cook Advanced Micro Devices Super Micro Computer Meta Platforms Big Tech

Amazon and Meta surge after results, while Apple drops

Meta Platforms and Amazon.com added a combined $280 billion in stock market value late on Thursday after the Big Tech duo reported quarterly results that impressed investors, while Apple's value shrank by $70 billion after its results. Meta's stock surged over 14% to a record high $451 after the bell, elevating its market capitalization by $148 billion to $1.16 trillion after the Facebook owner declared its first-ever dividend. While dividends are associated with mature, slow-growth ...
United States Matthew Lewis Tim Cook Noel Randewich Gil Luria Super Micro Computer
Source: yahoo.com

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AI companies lose $190 billion in market cap after Alphabet and Microsoft report

AI-related companies lost $190 billion in stock market value late on Tuesday after Microsoft, Alphabet and Advanced Micro Devices delivered quarterly results that failed to impress investors who had sent their stocks soaring. The selloff following the tech giants' reports after the bell underscored investors' elevated expectations following an AI-fueled stock market rally in recent months that propelled their shares to record highs with the promise of incorporating the technology acro...
Noel Randewich Advanced Micro Devices Super Micro Computer Google Cloud Wall Street Advanced Micro
Source: yahoo.com

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