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US tech giants Tesla, Microsoft and Meta report mixed earnings results

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Tesla missed market expectations for both earnings per share and revenue in the fourth quarter .

Microsoft fell short of market expectations in the growth of its core business.

Meta Platforms exceeded analysts' estimates across all metrics, despite ongoing legal challenges.

Tesla 's share price is down 0.26% year to date as of market close on 29 January .

He indicated that open-source models will be widely adopted globally, competing with rivals, and stated: "For our own national advantage, it's important that it's an American standard.” Meta 's stock has been the top performer among the Magnificent Seven so far this year , up 14.71% as of market close on 29 January ..