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S&P 500 Rally Confronts $11 Trillion Big Tech Earnings Challenge

Originally Published 5 months ago — by Bloomberg

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Source: Bloomberg

The S&P 500's rally faces a key test as major tech giants Microsoft, Meta, Apple, and Amazon report earnings, which are crucial for sustaining the market's upward momentum. The performance of these companies, especially within the 'Magnificent Seven,' will influence investor confidence amid high valuations and ongoing AI investments, with the market closely watching their outlooks and capital spending plans.