Meta and Amazon shares soared Friday.
The Big Tech giants' gains came after they posted stellar results for the last three months of 2023.
Apple had a rougher ride, dipping 3% at the opening bell as sales in China disappointed.
Meta shares climbed 16% at the opening bell, adding $160 billion to the Facebook and Instagram owner's market capitalization. Amazon's 6% gain added $110 billion to its valuation.
Their stellar end to the week came after Meta and Amazon both posted strong results for the last three months of 2023.
Meanwhile, Amazon's revenue and earnings-per-share for the quarter came in ahead of Wall Street's expectations as CEO Andy Jassy touted the impact of a "record-breaking holiday shopping season."
"These results show that tech is about more than just AI at the moment," Kathleen Brooks of XTB told Business Insider. "Meta got A-stars across the board — that's rare for them, and issuing a dividend makes this a double-whammy of good news for investors."
Big Tech rival Apple's stock looked set for a weaker day, however.
Shares in the iPhone maker slipped 2% after sales in China fell short of analysts' forecasts despite quarterly earnings beating expectation. Those losses wiped out $70 billion in market cap.
Meta had already climbed 12% year-to-date before Friday, and is up 109% over the past 12 months, while Amazon was up 4% and Apple was down 3%.
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