Meta, Microsoft, and Tesla all posted earnings beats after the bell yesterday, but market reaction was mixed on worries of ballooning capex. The S&P 500 and Nasdaq 100 traded lower after Microsoft, Meta, and Tesla reported earnings after the bell yesterday. Communications was the best-performing sector, lifted by Meta, which surged after it posted a Q4 earnings beat and record revenue. Tech was the worst-performing sector as traders fled software stocks following Microsoft and ServiceNow earnings. Stocks that moved higher:Stocks that moved lower: