Major U.S. equities indexes pushed higher on Thursday after strong quarterly earnings reports from software giant Microsoft (MSFT) and Facebook parent Meta Platforms (META) helped alleviate some conce
Meta Platforms, Inc. reported strong Q1 earnings, with sales of $42.31 billion, a 16% YoY increase, and net income of $16.64 billion. The launch of the Llama-API and standalone Llama app at LlamaCon w
Wall Street bounced back on Thursday, powered by robust earnings from tech giants Meta and Microsoft that helped reignite investor confidence in the artificial intelligence (AI) boom, even as fresh ec
Brian Nowak, Morgan Stanley senior internet analyst, joins 'Power Lunch' to discuss Nowak's thoughts on big tech's earnings thus far, the generative AI aspect to Amazon's business, and much more.

Meta leads CapEx surge

02:49pm, Thursday, 01'st May 2025
CNBC's Deirdre Bosa reports on news regarding Meta and Microsoft's AI ambitions.
CNBC's Deirdre Bosa reports an AI stocks after Microsoft and Meta posted stronger earnings.
Mark Mahaney, senior managing director at Evercore ISI, explains why Meta's earnings report is a strong indicator that the company is benefiting from its massive AI investment. Mahaney speaks with Car
Ahmed Khan with @morningstar says he "really liked" Meta Platforms' (META) earnings. His firm has a four-star rating on the stock with a $770 fair value estimate.
That's because the overall growth picture at Microsoft and Meta signals more spending on data-center products and software ahead.
U.S. technology-related stocks including many involved in artificial intelligence rose sharply on Thursday following stronger-than-expected results from Microsoft and Meta Platforms, while investors a
Nvidia and Tesla rallied on the stock market today. Microsoft and Meta surged on earnings.

Why Meta Platforms Is Soaring Today

12:58pm, Thursday, 01'st May 2025
Shares of Meta Platforms (META 4.65%) are rising on Thursday. The company's stock gained 4.9% as of 12:46 p.m.
Tech giants Meta and Microsoft are surging; bulls would like to see further positive reactions to earnings.
META's first-quarter 2025 performance benefits from higher advertising revenues, expanding AI integration and a strong user base.
Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) is “humming along” according to Wedbush analysts, who raised their price target on the stock to $750 from $610 following a better-than-expected f
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