Wall Street, Tesla giants, Meta, and Microsoft, have reported weak profits after the bell
Wall Street got a solid slap after the bell on January 29 when it dropped Tesla, Meta and Microsoft its profit reports, each showing numbers that did not reach the goals of the analysts.
Investors saw their hopes Shatter Since three of the largest technology giants are struggling on multiple fronts – electric vehicles, digital advertising and cloud computing.
The shares of the three companies have witnessed immediate successes in extending trading. Let’s disintegrate the chaos, which was afflicted, and why the headlines are issued everywhere.
Tesla warns of high production costs
Tesla missed expectations for its profits in the fourth quarter, where it recorded 73 cents per share compared to 75 cents expected in Wall Street, according to the analysts covered by LSEG. Revenue amounted to $ 25.71 billion, much lower than 27.27 billion dollars expected.
The stock took 3.4 % diving in hours after hours at 4:14 pm in New York, which demonstrated the investor’s frustration with the performance of the electric cars giant. Tesla told investors that its goal is to build more cars at reasonable prices is still on the right track, with the production of new models that start in the first half of 2025.
Cybercab, the latest Tesla project, is expected to be published by 2026. But here is the thing, Tesla admitted that it will not reduce production costs as much as it was previously planned.
Instead, the company will rely on a range of current production methods and a platform for the next generation to intensify folders during what it called “unspecified times”.
Analysts did not like this message. A mixture of slow costs and the upper left revenue Wall Street volatile. However, the base of loyal fans in Tesla came, prompting the shares an increase of 2 % in the subsequent trading after working hours.
Mitta is struggling to meet growth expectations
The Meta platforms, the company behind Facebook and Instagram, expected weaker sales expectations for the first quarter of 2025, ranging between 39.5 billion dollars and 41.8 billion dollars. The midpoint of those expectations, 40.65 billion dollars, came less than 41.7 billion dollars that Bloomberg predicted.
The shares increased by 5 % in post -hours trading, but this optimism was not about the future, as it was a slightly difference in the fourth -quarter numbers.
During the last quarter of 2024, Meta recorded $ 48.39 billion in revenues and $ 8.02 as profits per share, as it outperformed Wall Street’s expected revenues of $ 47.04 billion and $ 6.77 per share in profits.
Mark Zuckerberg’s superior and artificial intelligence investments in the budget continue to be largely on the META’s public budget, and the company does not revenue advertising quickly to compensate for these costs.
The company struck with more drama. According to the Wall Street Journal report, President Donald Trump signed settlement papers that required the company $ 25 million to settle a 2021 lawsuit.
Investors from Microsoft loses his patience with AI start
Microsoft Corp. The department recorded the revenue gain 31 % during the quarter, with a decrease in the 34 % growth that it recorded in the previous quarter.
Analysts had expected a 32 % increase, and Microsoft Miss led to a 4 % decrease in her shares during trading after working hours. The total revenue for the company amounted to 69.6 billion dollars, with a profit of $ 3.23 per share.
Both numbers exceeded the Wall Street estimates of $ 68.9 billion and $ 3.12 per share, but AZURE’s slowdown was sufficient to wander around the total positive results.
Microsoft has flowed billions of dollars on artificial intelligence, where banks are on their close relationship with Openai, Chatgpt. Over the past year, the company launched many products operating in Amnesty International under the COPILOT brand. But the returns were slow, and investors were not happy.
Meanwhile, AI King Nvidia witnessed a slight recovery, and gained 1 % after a 17 % brutal decrease earlier in the week. The shares were shaken after Deepseek raised the start of the Chinese AI Running concerns about the dominance of the United States at AI Tech.
Cryptopolitan Academy: Free Web3 cheating paper – Download now