Magnificent Seven Companies Report Earnings, Mixed Results Seen
Four of the 'Magnificent Seven' companies—Microsoft, Amazon, Alphabet, and Meta—reported earnings, with mixed results. Microsoft, Amazon, and Meta exceeded earnings and revenue estimates, while Alphabet missed on earnings. The Dow Jones Industrial Average rose over 700 points, while the Nasdaq Composite saw a smaller increase.
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Topics: Alphabet Amazon Earnings Magnificent Seven Meta Microsoft Stock Market