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Earnings From ‘Magnificent Seven’ Will Determine Stock Markets’ Path For 2023

All eyes are on ‘The Magnificent Seven’ in this earnings seasons, with Tesla reporting on Wednesday, as these stocks will determine the market’s performance for the rest of this year and into 2024.

This is the assessment of Nigel Green, CEO of deVere Group, one of the world’s largest independent financial advisory, asset management and fintech organizations, as Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), Amazon (NASDAQ:AMZN), NVIDIA (NASDAQ:NVDA), Tesla (NASDAQ:TSLA) and Meta Platforms (NASDAQ:META), all report Quarter 2 earnings in the next week or so.

The market’s dependence on the Magnificent Seven’s earnings has made investors anxious about the future of the stock market.

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This post appeared on Dynamic Wealth Report.