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Tech giants beat Wall Street expectations after weeks of volatility in US stocks.
Microsoft and Meta exceeded Wall Street expectations in Q1 2025, with Meta reporting a profit of $16.64 billion driven by AI-enhanced advertising, and Microsoft posting $25.8 billion in profit bolstered by cloud computing growth. These results provide relief to investors amid market volatility, exacerbated by President Trump’s trade policies that led to a significant drop in the tech sector’s market value. As the US economy faces potential recession, both companies express confidence in navigating macroeconomic challenges.
