Tech stock rebound outlook and major corporate earnings following US midterm elections
META Meta Platforms Inc
$623.61 -0.82%
View chart & analysis → - 1The S&P 500 recorded an average return of 15% during the 12 months following the midterm elections.
- 2Meta Platforms achieved third-quarter revenue of $64.6 billion, a 26% increase from the previous year.
- 3Marvell Technology recorded second-quarter revenue for fiscal year 2027 of $2.7 billion, growing 37% from the previous year.
So what's the key point?
The stock market tended to rise after the US midterm elections ended. Revenue for Meta Platforms and Marvell Technology also increased significantly.
Source The Motley Fool +1 · View original ↗
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