Big Tech stocks rally sharply, led by Tesla’s continued surge
Big Tech stocks were broadly rallying Friday, with Tesla Inc. extending its surge sparked by the electric-vehicle maker’s third-quarter earnings report.
Tesla was up 3% in afternoon trading, after skyrocketing almost 22% on Thursday on its latest earnings results, according to FactSet data, at last check. Chip maker Nvidia Corp. was rising 2.1% on Friday afternoon, with Meta Platforms Inc. close behind with a 1.9% gain.
Other Big Tech stocks including Microsoft Corp., Alphabet Inc. and Amazon.com Inc. were all up at least 1% in afternoon trading, FactSet data show, at last check. Apple was rising 0.9% Friday.