Investors, however, have lately been dumping tech stocks, following disappointing results and weak outlooks from the likes of Microsoft Corporation MSFT, Meta Platforms, Inc. META and Apple Inc. AAPL, and shifted focus toward economically sensitive stocks that are likely to benefit once the U.S. economy manages to bounce back. Apple Inc. (AAPL): Free Stock Analysis Report Wall Street closed sharply higher on Friday after economic data hinted at slowing inflation and impressive earnings reports from a batch of companies gave investors’ confidence a boost ahead of next week’s two-day policy meeting of the Fed.