Microsoft and Meta both surpassed market projections in their recent earnings reports for the March quarter, leading to a rise in their stock prices during extended trading. The strong performance indicates that the demand for artificial intelligence remains robust, effectively countering the negative effects of economic uncertainty caused by tariffs.
Source: https://www.euronews.com/business/2025/05/01/microsoft-and-meta-beat-estimates-as-ai-outpaces-trumps-tariff-woes