The big day of earnings brought to interesting moves for technological shares and ETF that hold them on Thursday.
Meta platforms Inc.,, Microsoft Corp.and Tesla Inc. They all reported a three -month earning results after Bell Wednesday, which led to sharp reactions to not only their own shares, but also shares of other large technological companies such as Nvidia Corp. and Broadcom Inc. as.
AND SPDR S & P 500 ETF TRUST (SPY) AND Invesco QQQ Trust (QQQ) The latter traded by 0.5%and 0.4%, respectively, which reflects in general the positive tone of the edition of the earnings.
The biggest gain among the companies they report, however, was Tesla, which increased more than 3%day.
The car manufacturer informed the weak numbers of revenue and earnings in the fourth quarter, and lacked both on the upper and lower line. But investors seemed to care because they focused on bull comments by Elon Musk’s Executive Director on the future.
According to male, Tesla plans to launch a completely autonomous taxi service in Austin in Texas in June, and this year the company will build 10,000 humanoid robots.
If Tesla is successful in these futuristic efforts, Tesla could be worth “more of the next five best companies in combination,” Musk predicted.
Bullish talk encouraged the enthusiasm among Tesla shareholders, helping them forget about disappointing results in the fourth quarter for Tesla’s current basic business of electric vehicles.
Not to surpass, Meta Meta CEO Mark Zuckerberg has made his bold predictions, saying that in 2025 he could be a year when his company was building a “AI engineering agent who has a coding and ability to solve a good medium -level engineer.”
Meta shares climbed to 2% on Thursday, thanks to Zuckerberg’s excitement due to the future, as well as strong earning results for the Q4.
On the other hand, Microsoft shares have collapsed more than 6% because the growth of a computing company in a cloud computing is lower than some investors hoped.
“Azure growth of 31% was at the low end of the guidelines, with some influence on the challenges of execution on a wide partner channel. The questions appear, although it will affect the revenue in the coming quarters, “analysts wrote at the Bank of America in the report.
While Tesla, Meta and Microsoft were companies that reported their earnings this week, their results and the accompanying comments of management had a major impact on semiconductor companies such as Nvidia and Broadcom.
Investors at Chip have carefully addressed the forecasts regarding how much money will be spent on capital expenditures, especially AI data centers.
Both Microsoft and Meta stated that the consumption of investments in AI would still be strong, however, Microsoft hinted that growth would slow down next year.
At the same time, the target suggested that it could use its own adapted AI chips instead of NVIDIA GPU for some working load. The news was shaken by Nvidia, who fell 3%on Thursday, while Broadc, a partner in a meta -adjusted silicon effort, increased by 5%.
