Tech giants make big revenue waves: Meta and Amazon reach new highs while Apple faces setback

Meta's market capitalisation skyrocketed to $1.16 trillion

clock • 3 min read
Tech giants make big revenue waves: Meta and Amazon reach new highs, while Apple faces setback
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Tech giants make big revenue waves: Meta and Amazon reach new highs, while Apple faces setback

Meta Platforms and Amazon made huge stock gains after announcing their quarterly results while Apple stumbled, reflecting shifting investor sentiments and competitive dynamics in the tech industry.

Meta, formerly known as Facebook, stole the spotlight with a surge of over 14%, propelling its stock to a record high of $451. The company's market capitalisation was up by $148 billion to reach...

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