Stocks Lower As Earnings Season Ramps Up

Written By Timmy Adami

July 23, 2024

MRKT Matrix - Tuesday, July 23rd

  • S&P 500 is little changed as traders await key tech earnings (CNBC)

  • Which “Magnificent 7” Companies Are Top Contributors To Earnings Growth For The S&P 500 For Q2? (FactSet)

  • UPS shares on pace for worst day on record after earnings miss, guidance cut (CNBC)

  • GM Delays EV Projects in Latest Industry Pullback (WSJ)

  • Ether ETFs Trade Over $500 Million in Strong Crypto Fund Debut (Bloomberg)

  • Wiz walks away from $23 billion deal with Google, will pursue IPO (CNBC)

  • Alexa Is in Millions of Households—and Amazon Is Losing Billions (WSJ)

  • U.S. Home Prices Hit Record in June for Second Consecutive Month (WSJ)

  • America's recession indicators are more busted than ever (Axios)

Timmy Adami
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