The indicators on Wall Street were closed thanks to technology

Rise today (1.5.2025) the shares of USAas the strong quarterly results of Microsoft and Meta in Wall Street They have reduced the concerns that progress in artificial intelligence will slow down in the midst of economic turmoil.

Specifically, the Dow Jones index on Wall Street rose 0.21%, closing at 40,752.96 points, while the S&P 500 won 0.63% and closed at 5,604.14 points, close to the levels before the announcement of the “Release Day” of President Donalid.

At the same time, the Nasdaq index rose 1.52%, closing at 17,710.74 points and eliminating the reduction it had reported since April 2.

Investors’ fears that Trump’s duties and the recession of the US economy would threaten the artificial intelligence trade have been calmed down, as Meta Platforms recorded higher than expected revenue in the first quarter of 2025, with Meta’s CEO, Meta’s CEO, Meta It is “well positioned to deal with macroeconomic uncertainty”.

Microsoft has also announced the results of better estimates both in revenue and profit for the 3rd financial quarter. The heads of the company said during a conference call for the results on Wednesday (30.4.2025) that they are expecting an increase in capital expenditure from now on, as they continue to extend the capacity of Data Centers, noting that “cloud and artificial intelligence are essential tools for any business.”

These results sent Microsoft’s shares up to 7.6%, while Meta’s shares rose 4.2%. Information technology has greatly overshadowed the other 10 sectors of the S&P 500, up 2%.

‘A few shares are truly unaccountable from duties [και] Trump’s trade war, but artificial intelligence is much less influenced by investors today, “said Jed Ellerbroek, a portfolio manager at Argent Capital Management. “We are at the beginning of a very abrupt growth curve right now, and this is true for AI infrastructure.”

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