U.S. stocks tumbled Friday after government employment data showed more than half a million jobs were added in January — throwing a wrench in hopes for a pause on rate increases — while subpar earnings results from Big Tech giants weighed on investor sentiment.
Companies like Google and Meta say to expect AI rollouts "very soon," but startups like OpenAI still pose a huge threat.
Apple's Q1 saw revenue decline, but there were good signs in the earnings report too.