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Excluding Tesla, the other "Magnificent Seven" tech stocks are expected to be the top six earnings drivers for the S&P 500, contributing year-over-year earnings growth of 53.7%.
The stock market rally is in its most fragile state in months ahead of Wall Street's busiest week of the summer. The S&P 500 (GSPC) and Nasdaq Composite recently had their worst single-day drops ...
Big Tech earnings on tap With Big Tech stumbling amid the market rotation, the fundamental story for some of the stock market's largest names will be in focus in the week ahead.
Big Tech earnings will consume investor attention in the week ahead. ... Weekly Calendar. Monday. Economic data: Chicago Fed Nat Activity Index, September (-0.01 expected, -0.16 prior)
Big Tech week. With 37% of the S&P 500 having reported quarterly results, the index is pacing for 3.7% year-over-year earnings growth. According to FactSet, this would be the slowest annual growth ...
Rounding out a tech-heavy earnings week will be Amazon, which posts first quarter results along with Apple Thursday after market close, with the Bloomberg consensus EPS estimate at $8.37.
Earnings scorecard. Beyond Big Tech, this week will wrap up the two busiest weeks of reporting for the S&P 500. With 46% of the index having already reported for the quarter, the index is tracking ...
Meanwhile, tech was the big winner on Friday with the Nasdaq Composite rising 1.7%. All three of the major averages are now in positive territory for January. All three of the major averages are ...