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Kiplinger

Business

Karee Venema

Stocks Sink with Meta, Microsoft: Stock Market Today

Meta Microsoft Alphabet Donald Trump Google Xi Jinping Magnificent 7 TradingView Chipotle

Meta platforms logos on mobile phone.

Earnings were the main driver of price action on Thursday, as market participants parsed quarterly results from some of Wall Street's largest companies. A highly anticipated meeting between President Donald Trump and Chinese President Xi Jinping sparked plenty of chatter, too.

Facebook parent Meta Platforms (META, -11.3%) and tech giant Microsoft (MSFT, -2.9%) made two of the most notable post-earnings moves today. Both Magnificent 7 stocks ended sharply lower as spending concerns overshadowed quarterly beats.

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