Stock shrug off recession alarms as Big Tech earnings blow off the roof

U.S. stock futures soared Thursday morning, lifted by blockbuster earnings from Microsoft (MSFT) and Meta (META) that seemed strong enough to overshadow Wednesday’s unexpected GDP contraction. With Big Tech’s collective market cap nearing $10 trillion, investor sentiment looked ready to ride the rally — if Amazon (AMZN

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​U.S. stock futures soared Thursday morning, lifted by blockbuster earnings from Microsoft (MSFT) and Meta (META) that seemed strong enough to overshadow Wednesday’s unexpected GDP contraction. With Big Tech’s collective market cap nearing $10 trillion, investor sentiment looked ready to ride the rally — if Amazon (AMZNRead more…