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big tech struggles as earnings beat fails to meet high expectations

Major U.S. indexes fell sharply, driven down by Big Tech losses, with Microsoft, Meta, and Apple disappointing investors despite beating earnings expectations. While Apple and Amazon reported strong results, concerns over conservative forecasts and growth potential weighed heavily on market sentiment. Analysts remain cautiously optimistic about the sector's long-term growth, particularly in AI-related investments.
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United States Dollar Amazon.com, Inc. Microsoft Corporation The Boeing Company Apple Inc. CHN USA JPN Ross Mayfield Craig Johnson Kevin Teng Solita Marcelli Show more
Finance & Economy, Market Report
08:30 01.11.2024
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