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It's good to be with you on this Thursday, the 29th of January. I'm Julie Morgan.

Meta Platforms is up more than 7% pre-market after posting its fourth quarter earnings,

where it beat Wall Street

expectations for revenues and profitability. First quarter revenue is forecast at 53.5 to 56.5 billion,

which is above expectations for $51.4 billion, including about a 4% tailwind to revenue growth from foreign currency.

Meta expects 2026 CAP-X in the range of $115 to $135 billion.

Microsoft is down more than 5% pre-market, even after reporting fiscal second quarter

results that topped estimates.

For the period ending December 31st, Microsoft earned an adjusted $4.14 per share, has revenue rose

17% year-over year to $81.27 billion, or 15% in constant currency. Analysts had expected the company to earn $3.91.91 per share

on $80.31 billion in revenue. Microsoft said Azure revenue grew 39% year over year and 38% in constant

currency. For Q3, Microsoft expects total company revenue

of $80.65 billion to $81.75 billion, or growth of 15 to 17%. Tesla is up 2.9% in

pre-market action, as the top and bottom line beat was coupled with an

upbeat outlook on cybercab and robotaxy growth. That growth overshadowed another quarterly

revenue decline, reflecting the end of government tax incentives and heightened competition

in Europe and China. In the fourth quarter, Tesla earned an adjusted profit of 50 cents per share,

down 17% from a year ago, but 5 cents better than expectations and unchanged from the prior quarter.

Management expects major Cappex outlays in 2026, stating,

at the moment, we are expecting that CAPEX would be in excess of

$20 billion. Norway's $2.2 trillion sovereign wealth fund reduced its holdings in major U.S.

...