Like the stock markets in general, Microsoft (MSFT) and Meta Platforms (META) have both overcome early volatility to post strong returns since President Donald Trump took office back in January.
Trump’s sweeping tariff threats contributed to sharp downturns for both tech giants in April. But the president’s habit of later backing off many of those tariffs has calmed the markets down, leading to a series of rallies that have pushed the S&P 500 and Nasdaq to new all-time highs in recent weeks.
