Tue, May 6, 2025
Mon, May 5, 2025
Sun, May 4, 2025
Sat, May 3, 2025
Fri, May 2, 2025
Thu, May 1, 2025
Wed, April 30, 2025
Tue, April 29, 2025
Mon, April 28, 2025

Stocks close higher as tech giants report profits and expansion plans

  Copy link into your clipboard //travel-leisure.news-articles.net/content/2025/ .. h-giants-report-profits-and-expansion-plans.html
  Print publication without navigation Published in Travel and Leisure on by Fortune
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
  Meta and Microsoft surprised to the upside on better-than-expected showing from AI the previous day.


On May 1, 2025, the stock market closed with significant gains, driven by robust tech sector earnings and ambitious expansion plans announced by major companies. The S&P 500 rose by 1.2%, the Dow Jones Industrial Average increased by 0.9%, and the Nasdaq surged by 1.8%. Key contributors to the market's performance included strong quarterly profits from leading tech firms like Apple, Microsoft, and Amazon, which not only exceeded expectations but also outlined aggressive growth strategies. These plans involve significant investments in artificial intelligence, cloud computing, and global market expansion, boosting investor confidence and fueling optimism about future economic growth.

Read the Full Fortune Article at:
[ https://fortune.com/2025/05/01/stock-market-close-sp500-dow-nasdaq-tech-profits-expansion-plans/ ]