Tuesday''s Market Minute: Tech Heavyweight Earnings On Deck: GOOGL, MSFT, META, AMZN, AAPL
U.S. equities wobbled to start arguably the busiest week of earnings of the quarter. Monday kicked off the final week of trading for the month of July, and despite initial overall weakness (particularly in the Nasdaq), the largest indices are pacing for their best month of the year. In the month of July so far, the best performers through Monday’s close are Qualcomm (NASDAQ: QCOM ), Bath Body Works (NYSE: BBWI ), NXP Semiconductors (NASDAQ: NXPI ), KLA Corporation (NASDAQ: KLAC ), and Netflix (NASDAQ: NFLX ) – while the index’s worst performers so far are Newmont (NYSE: NEM ), Baker Hughes (BKR), Verizon (VZ), ATT (T), and ServiceNow (NYSE: NOW ). Just five companies control nearly a quarter of the SP 500’s market cap, and they are all expected to report earnings this week. The five companies – Apple (NASDAQ: AAPL ), Amazon (NASDAQ: AMZN ), Microsoft (NASDAQ: MSFT ), Alphabet (NASDAQ: GOOGL ), and Meta Platforms (NASDAQ: … Full story available on Benzinga.com
Tuesday''s Market Minute: Tech Heavyweight Earnings On Deck: GOOGL, MSFT, META, AMZN, AAPL
U.S. equities wobbled to start arguably the busiest week of earnings of the quarter. Monday kicked off the final week of trading for the month of July, and despite initial overall weakness (particularly in the Nasdaq), the largest indices are pacing for their best month of the year. In the month of July so far, the best performers through Monday’s close are Qualcomm (NASDAQ: QCOM ), Bath Body Works (NYSE: BBWI ), NXP Semiconductors (NASDAQ: NXPI ), KLA Corporation (NASDAQ: KLAC ), and Netflix (NASDAQ: NFLX ) – while the index’s worst performers so far are Newmont (NYSE: NEM ), Baker Hughes (BKR), Verizon (VZ), ATT (T), and ServiceNow (NYSE: NOW ). Just five companies control nearly a quarter of the SP 500’s market cap, and they are all expected to report earnings this week. The five companies – Apple (NASDAQ: AAPL ), Amazon (NASDAQ: AMZN ), Microsoft (NASDAQ: MSFT ), Alphabet (NASDAQ: GOOGL ), and Meta Platforms (NASDAQ: … Full story available on Benzinga.com