Tech Earnings in Focus as Stock Market Extends Four-Session Rally
Major technology stocks command attention this week as Amazon, Apple, Meta, and Microsoft prepare to unveil quarterly earnings. The broader market maintains its upward trajectory, with all three major indices advancing amid anticipation of pivotal economic data.
Nvidia bucked the trend with a 1.41% decline following competitive pressures from Huawei, while Tesla surged 2.97% post-earnings. Apple and Walmart edged higher, contrasting with Microsoft and MicroStrategy’s modest retreat ahead of their financial disclosures.
The Magnificent Seven cohort remains in the spotlight as markets build on a four-day winning streak. Tech shares broadly gained ground in early trading, though cryptocurrency markets showed no direct correlation to these equity movements.
