Stocks rose Tuesday, led by tech. AI fears loom as Meta, Microsoft report earnings. Tesla faces policy risks. Fed decision, major earnings, and government cuts ahead.

Results for the US tech giants were mixed, as Tesla and Microsoft fell short of market expectations in the growth of their core businesses, while Meta Platforms exceeded analysts' estimates across all metrics,

Tesla expects capital expenditure to exceed $11 billion this year and in each of the following two fiscal years, the elctric automaker said in a filing on Thursday. The company had said in October it expected spending to be between $8 billion and $10 billion in 2026.

Tesla is expected to report earnings after Wednesday's close and here is a closer look at what Wall Street expects.

Good morning. Meta and Tesla shares gain on solid earnings news. The European Central Bank is widely expected to cut rates again. And increasing thefts in Britain are costing retailers billions of pounds.