7 stocks, 7 earnings reports: What could move the Magnificent Seven next
Complete. Here is the key summaryInvestors await Q2 earnings from the Magnificent Seven, with FactSet projecting 31.1% YoY growth for the group. Key focuses include Tesla's margin sustainability despite record deliveries, Alphabet's AI monetization and search resilience, Microsoft's Azure demand relative to CapEx, Meta's neocloud pivot, Apple's on-device AI and services strength, Amazon's AWS growth and Leo satellite progress, and Nvidia's ability to offset memory costs.
As Big Tech earnings approach, the Magnificent Seven present a stark contrast: while Apple (AAPL) leads the pack with a 22.8% YTD rally, heavyweights like Microsoft (-18.6% YTD) and Tesla (-15.3% YTD) remain deep in negative territory. This week, investors will be closely watching Alphabet (GOOG) (GOOGL) and Tesla (TSLA) as both companies report th...