Meta, Microsoft report strong earnings despite trade war uncertainty | Technology News

Tech giants beat Wall Street expectations after weeks of volatility in US stocks.

Tech giants Microsoft and Meta posted better-than-expected results in the first quarter of the year, offering some reprieve to investors after months of turbulence unleashed by United States President Donald Trump’s trade war.

Meta, the parent company of Facebook and Instagram, reported a net quarter profit of $16.64bn, or $6.43 per share, for the January–March period – up 35 percent year-on-year.

Revenue…