As Meta Surges 12%, Is the Tech Stock a Good Option for Baby Boomers?

Big Tech Earnings Strength Is Bright Light in Murky Stock Market

Wall Street had a lot riding on whether this week’s big-tech earnings would meet increasingly high expectations. By and large, the companies delivered.

As Meta Surges 12%, Is the Tech Stock a Good Option for Baby Boomers?

Recent Q2 earnings reports have brought unexpected good news for both Meta (META) and Microsoft (MSFT). The stronger-then-expected reports have caused a broader market rally, pushing tech index Nasdaq to new record levels. Earnings cite robust AI-driven revenue growth, with Microsoft approaching a $4 trillion valuation and Meta up 12% in pre-market trading. Some are saying the reports are proof that artificial intelligence, once merely speculati…

Big Tech Pulls Off a Very Big Earnings Week

They’re not called the Magnificent Seven for nothing. This week brought big earnings reports for Big Tech, and the cohort didn’t disappoint. On Wednesday, Meta and Microsoft obliterated Wall Street’s expectations, followed by similarly strong showings for Amazon and Apple on Thursday. The reports made one thing clear: Big Tech’s big AI bet is already paying off, which explains why it can’t help but double down. Spare No Capital Expense Let’s sta…

Nasdaq, S&P 500 Jump; Big Tech Earnings, Trade Deals Lift Spirits

The S&P 500 and tech-heavy Nasdaq surged, setting their sights on new record highs after strong earnings from Meta and Microsoft renewed investor confidence in the payoff from Big Tech’s massive AI bets.