"Big Tech's Earnings Boost S&P 500: Microsoft, Alphabet, and More"
TL;DR Summary
Microsoft, Alphabet, Amazon, Apple, Meta, and Nvidia, known as the "Magnificent 7," are projected to be the top contributors to S&P 500 earnings for the fourth quarter, with a projected year-over-year earnings growth of 53.7%. Tesla is the only member not contributing to the gain in earnings. These companies are expected to drive significant growth compared to the other 494 S&P 500 companies, which are projected to post a 10.5% decline.
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- Daily Markets: JOLTs Data and the Start of Big Tech Earnings Nasdaq
- Earnings week ahead: Microsoft, Apple, Meta, Google, Amazon, Chevron and more Seeking Alpha
- The Big Tech Earnings Rush Is Under Way With Alphabet, Microsoft and AMD The Wall Street Journal
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