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Upcoming Earnings Report: 'Mag 7' Companies Face Expectations
ByAinvest
Wednesday, Jul 24, 2024 8:12 pm ET1min read
The article analyzes the performance of the 'Magnificent 7' S&P 500 companies for Q2 earnings, showing a positive trend with significant earnings growth (+26.6%) and revenue increases (+13.6%). However, these results are mixed compared to other S&P 500 members, with Tesla's stock price dropping due to missed estimates and concerns about its future outlook.
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