Big Tech’s post-earnings stock performance split, with Meta surging 10% on AI integration and Tesla rebounding after Elon Musk’s transition announcement. Microsoft and cloud software leaders Salesforce and ServiceNow dropped on concerns over AI spending. Investors seek clear monetization of AI investments. Market views recent software stock sell-off as overdone, believing AI benefits will take time. Buying opportunities seen in data platform companies like MongoDB and Snowflake. Sandisk stock hits all-time high on strong AI demand. Apple’s gross margin unaffected by rising memory prices. Despite sector divergence, AI and tech remain market drivers. Wall Street advises broadening sector exposure for opportunities and risk diversification. Energy, materials, and consumer staples lead sector performance. Market outlook remains positive for technology and AI-driven companies.

Read more at Yahoo Finance: Wall Street sees divide in tech stock performance after earnings reports