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cover of episode Tech Stocks Surge on Microsoft & Meta Earnings; US & Ukraine Sign Deal

Tech Stocks Surge on Microsoft & Meta Earnings; US & Ukraine Sign Deal

2025/5/1
logo of podcast Bloomberg Daybreak: US Edition

Bloomberg Daybreak: US Edition

Transcript

Shownotes Transcript

On today's podcast:

  1. Microsoft Corp. shares jumped after the company reported stronger-than-expected quarterly sales and profit growth, suggesting customer demand for cloud services has held steady despite a wave of tariffs and economic turbulence.

  2. Meta Platforms Inc. quelled Wall Street concerns about the impact of the Trump administration’s trade war on advertising sales, reporting first-quarter revenue that beat expectations and forecasting additional spending. 

  3. The US and Ukraine reached a deal over access to the country’s natural resources, offering a measure of assurance to officials in Kyiv who had feared that President Donald Trump would pull back his support in peace talks with Russia.

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