Tech Giants Surge: Tesla, Microsoft, Meta Platforms Lead Market Gains

Megacap tech stocks soared today, with Tesla (TSLA) leading the rally at a 13.5% gain, closing at $263.50. The rebound follows bullish analyst notes and optimism about Tesla’s upcoming product launches and robotaxi services. Microsoft (MSFT) climbed 7.8%, driven by strong cloud computing growth projections and AI advancements.

 

Meta Platforms (META) surged 8.5% to $571.47, fueled by its AI investments and recent ad revenue growth. The company’s focus on efficiency and renewable energy development has further boosted investor confidence.

 

This rally reflects broader market optimism after President Trump’s announcement of a 90-day pause on tariffs for key trading partners, easing fears of a global trade war. Analysts expect continued volatility but see these gains as a positive indicator for long-term tech sector performance.

Source: Mitrade, 24/7 Wall Street, CNBC