Magnificent 7 Diverge As Peak Earnings Season Puts Spotlight On Big Tech

As we enter peak earnings season for the second quarter, S&P 500 EPS growth continues to improve, now at 6.4% YoY. Key tech players from the Magnificent 7 release results this week - Meta (META) and Microsoft (MSFT) on Wednesday, and Apple (AAPL) and Amazon (AMZN) on Thursday. Four S&P 500 companies reporting this week have delayed their earnings dates: Teradyne Inc. (TER), PPG Industries (PPG), UnitedHealth Group (UNH), and Kimberly-Clark Corp. (KMB).