Stocks Rise Ahead of Big Tech Earnings, Fed Meeting

Written By Timmy Adami

July 29, 2024

MRKT Matrix - Monday, July 29th

  • S&P 500 rises ahead of major tech earnings reports set for later this week (CNBC)

  • S&P 500 faces greater downside risk ahead, Bank of America says (CNBC)

  • It’s a Cruel Summer for Big Tech Stocks (WSJ)

  • Investors are punishing stocks that miss earnings more than normal this season (CNBC & FACTSET)

  • McDonald’s Earnings Were Terrible. Why The Stock Is Rising. (Barron’s)

  • Apple releases first preview of its long-awaited iPhone AI (CNBC)

  • Apple's AI Features Rollout Will Miss Upcoming iPhone Software Overhaul (Bloomberg)

  • Traders Fret as 32-Hour Central Bank Spree Hangs Over Market (Bloomberg)

  • Trump Adds Crypto to His ‘America First’ Agenda (WSJ)

Timmy Adami
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