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Meta (META) Guidance Disappoints While Amazon (AMZN) and Alphabet (GOOGL) Cloud Gains Lift Tech Stocks

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The Story

News Summary

  • The Mag 7 tech group shows solid earnings growth with rising cloud revenues for Alphabet and Amazon.
  • Tesla faces a sharp earnings decline, while Meta raises capex guidance amid investor disappointment.
  • Market remains cautious amid high valuations and lack of economic data.
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GOOGL price history

344.98 +8.10% over the displayed period

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