Wall Street rises as gains in Meta, Tesla offset Microsoft slump
Microsoft MSFT.O dropped 4.7% after forecasting disappointing growth in its cloud computing business. Meta Platforms META.O rose 4.5% after beating estimates for fourth-quarter revenue, but forecast that first-quarter sales might miss estimates.
Although AI has been a boon for much of the tech sector, no company has more directly benefited than Nvidia (NASDAQ: NVDA).
are a harbinger of trouble for Wall Street. Based on what history tells us, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite appear likely to move notably lower in the not-too ...
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