TSLA - Wall Street Brunch: Megacaps Highlight Big Earnings Week
2024-04-21 09:10:00 ET
Summary
- Four of the Magnificent 7 stocks will report earnings this week: Tesla, Meta Platforms, Microsoft, and Alphabet.
- The AI trade is showing signs of weakness as the Magnificent 7 lost $950 billion in market value last week. But hedge funds are buying tech.
- The first look at Q1 GDP arrives this week, along with the Fed's favorite inflation gauge.
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Four of the Magnificent 7 headline a busy earnings week. (0:19) Investors get first look at Q1 GDP . (2:46) House passes $95 billion aid and security package. (4:29)...
Wall Street Brunch: Megacaps Highlight Big Earnings Week