Everything is still intact

Almost all of the big four major tech companies $Meta Platforms(META.US)$ $Alphabet-C(GOOG.US)$ $Microsoft(MSFT.US)$ $Amazon(AMZN.US)$ reported stronger than expected quarterly results last week .

In terms of share price , most of th were facing different magnitudes of ups and downs after the earning calls.

Market is now very focusing on the potential earnings or income brought by cloud and AI in the coming future.

$Alphabet-C(GOOG.US)$ reported slower than expected growth from it’s cloud segment, this had lead to a premarket selldown up to 10% after the result had been released , on the other than $Amazon(AMZN.US)$ and $Microsoft(MSFT.US)$ cloud businesses beat expectation, both of these has been enjoying good share price movement after that

While $Meta Platforms(META.US)$ earning hit record high with better QoQ guidance, it issued a warning mentioning that there are potential impacts on advertising revenue from the recent Israel-Hamas conflict.

The US Stock market is now under correction mode, hence the weakness in share price is expected to continue .

the recent earning release of the big four tech companies solidify that the outlook for the world economy is not as “negative” as some parties had painted

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