Geopolitics Alpha

Magnificent Seven ETF Pulls Back: What to Expect from Microsoft, Google, and Amazon Earnings

Published . Updated .

GEOPOLITICS ALPHAMagnificent Seven ETF Pulls Back:What to Expect from Microsoft,Google, and Amazon EarningsMSFTGOOGLAMZNGEOPOLITICS ALPHA

This report is about AI and big tech.

Directly affected

  • MSFT Microsoft+7.1% 30d

    Named in this report.

  • GOOGL Alphabet-8.2% 30d

    Named in this report.

  • AMZN Amazon Com+0.2% 30d

    Named in this report.

Indirectly affected

  • QQQ Invesco QQQ+0.4% 17d

    Invesco QQQ: it holds the big tech and AI names. Linked by “magnificent seven” (AI and big tech) in this story.

  • AIQ Global X Artificial Intelligence & Technology ETF-2.2% 30d

    Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “magnificent seven” (AI and big tech) in this story.

  • META Meta Platforms-6.0% 30d

    Meta Platforms (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “magnificent seven” (AI and big tech) in this story.

  • NVDA Nvidia+1.8% 30d

    Nvidia (semiconductors and related devices): big tech's AI spending and demand drive its shares. Linked by “magnificent seven” (AI and big tech) in this story.

  • XLY Consumer Discretionary Select Sector SPDR+1.3% 17d

    Consumer Discretionary Select Sector SPDR holds the consumer sector that Amazon.com belongs to, so it often moves with news about it.

  • CPNG Coupang-6.3% 30d

    Coupang is a peer of Amazon.com in catalog and mail-order houses; rivals often move on the same news.

  • CDW Cdw+12.9% 30d

    Cdw is a peer of Amazon.com in catalog and mail-order houses; rivals often move on the same news.

  • W Wayfair

    Wayfair is a peer of Amazon.com in catalog and mail-order houses; rivals often move on the same news.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
MSFT+1.77%+1.61%base+1.56%+0.84%after closeafter close
GOOGLNo price data for this ticker———————
AMZNNo price data for this ticker———————
QQQ+2.00%+2.99%base+1.12%+1.53%after closeafter close
AIQNo price data for this ticker———————
METANo price data for this ticker———————
NVDANo price data for this ticker———————
XLYNo price data for this ticker———————
CPNGNo price data for this ticker———————
CDWNo price data for this ticker———————
WNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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Magnificent Seven ETF Pulls Back: What to Expect from Microsoft, Google, and Amazon Earnings Benzinga

Source: Benzinga

This story

CompanyWhenMoveStatus
MSFTthat day+1.56%final price
MSFTthe next day+0.84%still updating
MSFTthree days earlier+1.61%final price
MSFTfive days earlier+1.77%final price
QQQthat day+1.12%final price
QQQthe next day+1.53%still updating
QQQthree days earlier+2.99%final price
QQQfive days earlier+2.00%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100Price not final

“Magnificent Seven ETF Pulls Back: What to Expect from Microsoft, Google, and Amazon Earnings” scores 12 out of 100. The score uses 1 sources. The price is not final yet.