Apple, More Big Tech Earnings Are Almost Here. Why Market Reaction Will Likely Surprise.
In this article:
Chip maker Nvidia will be the last to report at the end of next month, but by then we may know all we need to know about how investors will treat these big names. Traders may well still be looking for excuses to sell the Mag 7, which suggests that even if earnings this week come in strong–or perfect–these stocks might go down. For Google, the excuse was inflated spending on artificial intelligence.