Stocks close higher as tech giants report profits and expansion plans

• The shares ended modestly on Thursday, On the eighth victory, on the occasion of optimism about the investor after a list of strong profits for the technology company, despite the ongoing uncertainty about the policy of the US tariff.

On Thursday, stock markets rose on the profits of the Powerful Technology Company, which confirmed the possibility of strengthening profits for artificial intelligence, even with basic economic news remaining mixed.

The S& P 500 index increased by 0.6 %, and has acquired 0.2 %, on the occasion of eight consecutive days for both indexes. Technology NASDAQ increased by 1.5 %.

Meta and Microsoft have reported better profits than expected the day before. Meta, which owns Facebook and Instagram, has strengthened billions of dollars in capital expenditures because they tend to be far from artificial intelligence. Microsoft has reported that 13 % revenue increased the strength of its cloud business and AI.

They are two of the so -called great technical shares that were leading stock markets higher in most of the post -guardian.

Jeff Bouzbinder, the chief stock strategy at LPL Financial, said, luck Earlier this week.

He said: “The main headlines were improving, but we have not seen anything useful and tangible so far, so it seems that the market jumps from believing that we will get some attractive commercial deals with some commercial partners soon.”

Since president Donald Trump said on April 9 that he had stopped the customs tariffs for 90 days, administration officials said progress was made in negotiations, although the details were minimal. Stephen Stephen Miran said on Wednesday that the major fees for China will remain in place in the near future.

Elsewhere, the data shows that the economy that is still strong is disturbing quickly. On Thursday, McDonald’s reported the largest decrease in sales since the epidemic, as consumers retracted the estimated purchases; The Burrito Chipotle series noticed a similar slowdown last week; The confidence of the consumer was declining in the fastest clip in three decades. Unemployment requests have increased steadily, although they are still much lower than the levels seen in the recession.

On Wednesday, the Ministry of Commerce stated that the gross domestic product in the first quarter decreased with companies storing goods before the high tariffs, even with the remaining consumer spending.

Investors are now looking at the recruitment situation report on Friday morning from the Ministry of Labor, which contains data collected in mid -April, to draw a clearer picture of the post -party economy.

“The soft data was telling us that the economy was weakening for a while, but we did not see it much in the difficult data,” said Bouzinder.

This story was originally appeared on Fortune.com

2025-05-01 20:10:00