Nasdaq Hits New High Ahead of Mag 7 Earnings

Written By Timmy Adami

October 25, 2024

MRKT Matrix - Friday, October 25th

  • Nasdaq touches new record, but rest of market struggles Friday (CNBC)

  • Wall Street braces for a big week ahead of the election, with megacap tech earnings, key data on tap (CNBC)

  • S&P 500 Earnings Season Update (FactSet)

  • A look at how the stock market does the week before a presidential election (CNBC)

  • Citigroup Takes Profits on Some Trump Trades as Investors Favor Republican Candidate (Bloomberg)

  • US Consumer Sentiment Rises to Six-Month High on Rate Relief (Bloomberg)

  • CDC says 75 people affected in E. coli outbreak linked to McDonald’s Quarter Pounders (CNBC)

  • KeyBanc downgrades Apple to underweight, citing iPhone sale concerns (CNBC)

  • New ‘Call of Duty’ Tests Microsoft’s $75 Billion Bet on Future of Video Games (WSJ)

  • Microsoft CEO Nadella asked for pay reduction after security slip, but total comp still rose 63% (CNBC)

  • Arm CEO Sees AI Transforming the World Much Faster Than the Internet (Bloomberg)

  • Alphabet’s self-driving unit Waymo closes $5..6 billion funding round as robotaxi race heats up in the U.S. (CNBC)

Timmy Adami
Previous

Stocks Higher Ahead of Big Tech Earnings
Next

Tesla Sparks Market Rally