Microsoft, Tesla, and Intel are set to release quarterly earnings reports this week, revealing how the American tech industry fared as 2022 came to a close.
On Monday, a key Wall Street index, the Nasdaq, posted the first two-day gain of 2023. Many factors such as a surprising rise in Tesla share prices and strong tech stock performance may have contributed to these gains.
Musk's controversial Twitter purchase, inflation, interest rates, and supply chain issues took a toll on Tesla shares in 2022. Despite this, Tesla reported record deliveries on Monday.
Tesla’s price sinks after stock sell-off, Disney’s shares plunge following earnings miss, and Meta’s share price hikes as layoff commences.
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