Meta Platforms Inc. reports strong first-quarter results, surpassing expectations with significant earnings growth, but the stock slipped in after-hours trading. The company earned $26.8 billion, or $10.44 per share, from January to March, up 61% from last year. Revenue rose 33% to $56.3 billion. Analysts had expected earnings of $6.67 per share on $55.6 billion in revenue. CEO Mark Zuckerberg highlighted strong momentum and the release of a new model from Meta Superintelligence Labs. Meta raises its capital expenditures forecast for the year, citing higher component pricing and data center costs. The company plans to lay off about 8,000 workers to boost efficiency.

New York (AP) — Amazon on Wednesday reported strong increases in profits and net sales during its fiscal first quarter, helped by surging grow…

PYEONGTAEK, South Korea (AP) — Thousands of Samsung Electronics workers rallied Thursday at its computer chip complex in Pyeongtaek, South Kor…

NEW YORK (AP) — Tesla's profit rose in the first quarter as its car sales rebounded from a sharp slump in 2025.

It seems so illogical. How can the U.S. stock market be setting records when gasoline prices are still expensive and the war with Iran is still going? But for Wall Street, everything eventually comes back to a different, basic question: How much money are companies making? And at the moment, they’re earning enough that investors are willing to pay higher prices than ever for a piece of ownership of U.S. companies. Here’s a look at what’s been behind the market’s surprising strength and how the index at the heart of many 401(k) accounts once again made back all its losses.