Mega-cap earnings reports in focus for traders, corporate reviews
Stock market news
• Earnings data will be front and center on Tuesday, especially as markets largely tread water as a week of huge event risk approaches. Five of the mega-cap tech stocks dubbed the “Magnificent Seven” — responsible for Wall Street’s record highs this year — report results over the next three days, starting with Google parent Alphabet today. Meta and Microsoft follow on Wednesday, with Amazon and Apple a day later.
• Tesla set the tone last week with bold sales forecasts that sent shares up 22% in their biggest rally in a decade. But analysts are wary of Elon Musk’s...