Markets today: 'Magnificent Seven' roar before Tesla's earnings

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A rally in tech heavyweights lifted the broader stock market, with the group’s high-stakes earnings seen by Wall Street investors as a major test of the bull run in equities.

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Meta trades at a discount to Magnificent Seven after US$1 trillion AI rallyMeta Platforms Inc.’s record-breaking, artificial intelligence-fueled rally has added US$1 trillion in market value since its darkest days of 2022, and yet by some perspectives it’s still trading at a discount.
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Magnificent Seven Earnings Arrive With Stocks at Critical MomentBig Tech earnings arrive next week, right in time for investors looking for an artificial intelligence-powered rebound in the slumping S&P 500 Index, which just suffered through its worst week in over a year.
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Magnificent Seven Influence Over S&P 500 Has Never Been GreaterThe Magnificent Seven haven’t all lived up to their billing, but that hasn’t stopped the tech stocks from becoming even bigger relative to the rest of the S&P 500 Index.
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Markets today: 'Mag Seven' get crushed before next week's resultsA selloff in the world’s largest technology companies hit stocks, with Wall Street traders gearing up for a deluge of results from the industry that has powered the bull market.
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Markets today: 'Mag Seven' power stocks in run-up to U.S. earningsThe world’s largest technology companies drove a rebound in stocks, with traders bracing for a deluge of results from Corporate America that will test this year’s US$4 trillion rally.
Source: BNNBloomberg - 🏆 83. / 50 Read more »