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Tesla, Meta and SpaceX Earnings Test Wall Street's Tech Rebound

Tesla, Meta and SpaceX Earnings Test Wall Street's Tech Rebound

Photo: TokenPost

A rebound in U.S. technology shares Monday faces a test from SpaceX, Tesla and Meta Platforms earnings this week as investors assess whether profits support expectations tied to artificial intelligence spending. SpaceX plans to release results after Tuesday's market close. Tesla and Meta are scheduled to report after Wednesday's close. The announcements follow a steep sell-off in technology shares, leaving companies seen as beneficiaries of AI investment under pressure to deliver earnings that match the growth reflected in their stock prices. Barclays shifted its stance on risk assets to neutral amid fragile share-price moves.

Source: TokenPost

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