Two of the handful of huge technology companies that drove market gains in 2023 and 2024, posted earnings that smashed expectations after the bell on Wednesday. Stock market futures were rising sharply early Thursday.
Meta Platforms, the owner of Facebook, and Windows software maker Microsoft provided the most recent pleasant surprise this week following strong results from Google-parent Alphabet on Friday. Apple and Amazon report later today. Along with Tesla, they make up the group of tech giants known as the Mag 7.