Apple, Microsoft and other titans report earnings this coming week, with AI in focus. The Fed is expected to signal rate cuts soon.
Earnings from Apple and Microsoft will compete with the Federal Reserve and July payrolls to move markets in the coming week.
Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the start of the third quarter of 2024 showed a big divergence of returns.