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Wall Street Rallies on Strong Tech Earnings, Tesla Bucks Trend

Wall Street Rallies on Strong Tech Earnings, Tesla Bucks Trend

Author:
Global Cryptocurrency
Published:
2025-05-01 09:28:12
20
2

Wall Street surged as Microsoft and Meta delivered earnings that exceeded expectations, overshadowing earlier concerns about weak GDP data and White House policy ambiguity. Dow futures climbed 138 points (0.3%), while S&P 500 futures rose 0.8% and Nasdaq 100 futures jumped 1.3%—all driven by tech sector performance.

Meta gained over 5% in extended trading after reporting Q1 revenue above estimates. Microsoft outperformed with a 7% leap, fueled by Azure’s robust cloud growth and optimistic forward guidance. Tesla diverged sharply, dropping 3% post-market on Robinhood amid investor skepticism.

|Square

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