Tech Stocks Fall After Meta and Tesla Results Pressure Markets

US tech stocks suffered a sharp decline on Thursday following results from Meta and Tesla, and the broader market also fell. These moves come amid mixed earnings from tech giants at the start of earnings season, according to sources.

AI-written summary of 2 sources; every verified point is backed by a verbatim quote. How Iyan works

• Tech stocks fell after the release of Meta and Tesla results, as the US market was poised for a sharp drop on Thursday.

  «The U.S. stock market was set to fall sharply Thursday as tech names sold off after Meta and Tesla earnings»

  Barron's
• The decline was not limited to tech stocks, as it extended to the broader market, gold, silver, bitcoin, and US Treasury yields.

  «But the broader market was also down, along with gold, silver, bitcoin and Treasury yields»

  Barron's
• Earnings from major tech companies at the start of the season were mixed and have not yet changed the main drivers of the market.

  «The first Big Tech earnings of the season have been a mixed bag so far and haven't yet shifted the dial on the main market themes»

  The News & Observer
• These results kept stock index futures lower, with investors preoccupied with oil prices.

  «leaving overnight index futures on the back foot»

  The News & Observer

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