Meta & Microsoft Just Shattered Expectations

Benzinga

Meta just added a jaw-dropping $140 billion in a single day — and that’s not even the wildest part. Both Meta and Microsoft crushed Wall Street expectations, pushing the S&P 500 and Nasdaq to all-time highs, despite inflation staying hot. With Microsoft and Nvidia now each worth over $4 trillion, the Magnificent Seven have ballooned to a staggering $19.4 trillion. But with small caps lagging and the Fed likely to delay rate cuts… how long can big tech float above reality?

Transcript

00:00Meta just added $140 billion in one day, and that's not even the craziest part.

00:05Meta and Microsoft shattered Wall Street expectations, and despite rising inflation,

00:10the S&P 500 and NASDAQ just hit all-time highs.

00:13The stock market, it's partying like inflation doesn't even exist.

00:17Meta serves 12% on blowout earnings and strong guidance,

00:20while Microsoft jumped 5% on Azure strength.

00:23Together, these tech giants pushed the Magnificent Seven to over $19.4 trillion in market value.

00:30And now, both Microsoft and NVIDIA are worth more than $4 trillion.

00:34Meanwhile, small-cap stocks barely moved.

00:37Inflation, still burning hot.

00:39The Fed might hold off rate cuts longer than traders had hoped.

00:42So, big tech just proved it can defy gravity.

00:45But how long can the market ignore inflation?

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