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META & MSFT Profit Taking, AMZN on Tap
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META & MSFT Profit Taking, AMZN on Tap

Indexes are moving toward supports will they hold?

Mike Agne's avatar
Mike Agne
Oct 31, 2024
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Magnelibra Trading & Research
Magnelibra Trading & Research
META & MSFT Profit Taking, AMZN on Tap
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Let’s start out with a quick recap of Meta (META) and Microsoft (MSFT) Earnings:

Meta (META):

  • Mixed Results: While Meta reported better-than-expected earnings per share (EPS), the stock price declined due to concerns about future investments in AI and other technologies.

  • AI Focus: The company emphasized its commitment to AI, which is expected to drive fut…

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