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Alger CEO Dan Chung says AI is in its early stages after Microsoft and Meta soared following their earnings. He also discussed Apple and says we would need to see an "exciting product cycle" to boost holdings. He speaks with Katie Greifeld and Romaine Bostick on "The Close."...

U.S. stocks closed lower as the Friday deadline for new tariffs weighed on investors, though the timeline for reaching a trade deal with Mexico got a 90-day extension. Shares in Microsoft rose 4% on a strong earnings report, briefly pushing its market value above $4 trillion...

Second quarter earnings season is in full swing, and the results have been largely positive so far, with more positive surprises than negative ones...

It's been a busy week for Big Tech. Not only did Microsoft (MSFT) and Meta (META) both beat big on earnings this quarter, but Microsoft officially reached a $4 trillion market cap. Additionally, Apple (AAPL) and Amazon (AMZN) are getting ready to report quarterly results on Thursday after the markets close. Jefferies senior analyst Brent Thill and Yahoo Finance Technology Editor Dan Howley join Market Catalysts with Julie Hyman to discuss Meta's artificial intelligence (AI) capital expenditure (CapEx) spending and whether the numbers are showing a return on investment (ROI) yet. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts...