Recently, the five major technology giants of the US stock market faced off in their earnings reports, with mixed results across companies.
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Recently, the five major technology giants of the US stock market faced off in their earnings reports, with mixed results across companies. Amazon's performance exceeded expectations on all fronts, surging 12% at the opening; Apple opened 2% higher, reaching a record high share price; Google's results surpassed forecasts comprehensively, with revenue surpassing $100 billion for the first time and capital expenditure significantly increased to $93 billion; Microsoft's revenue surged 20%, setting a new high for capital spending; Meta’s net profit plummeted 83% year-on-year due to tax reform. Did you make the right bet this earnings season?