Admittedly, this week was the biggest of the quarter with 4 of 7 "Magnificent 7" announcing including Meta, Apple, Amazon and Microsoft.
How did those stocks do this week?
2 up and 2 down, with Amazon the worst performer as they missed on revenues (first miss in over 2 year). They also see less robust growth ahead. A summary of the changes this week and the change from the all-time highs shows:
Last week Alphabet and Tesla reported. Both also declined this week:
Nvidia does not report until August 28th. However, that has not stopped it from moving sharply lower despite talk of increased capital spending. The stock is down -6.25% this week and down -24.82% from all-time highs.
Next week, the earnings will be led by Uber, Caterpillar, Super Micro Computers, Shopigy, and Disney. Below is the full list of the key releases scheduled.
Monday
Before Open:
After Close:
Tuesday
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After Close:
Wednesday
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After Close:
Thursday
Before Open:
After Close:
Friday
Before Open: