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Major technology companies Microsoft, Meta Platforms, and Tesla reported their quarterly earnings, leading to varied stock movements. Microsoft shares fell more than 6% after the company forecasted disappointing growth in its Azure cloud computing business. In contrast, Meta Platforms saw its stock rise by 1.6% following a strong performance in its advertising business, despite a disappointing Q1 guidance. Tesla's shares increased by 2.9%, driven by strong performance in its energy business and record vehicle deliveries in China, despite missing overall earnings estimates. These earnings reports influenced broader market movements, with gains in Tesla and Meta overshadowing the decline in Microsoft shares, contributing to an overall advance in Wall Street stocks.
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