Tech Giants Face Tests as Earnings Roll In Amid Growth Concerns
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High stakes for "Magnificent Seven" megacap tech stocks as earnings season arrives amid valuation concerns and rising yields.
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Tesla shares fell after missing estimates on margin, profit and revenue.
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Microsoft, Google, Amazon, and Meta to report next week, while Apple and Nvidia report next month.
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Megacaps expected to post 32.8% earnings growth in 2023 vs 2.3% decline for rest of S&P 500.
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Some investors drawing distinctions among the 7 stocks based on valuations, growth dynamics and cash flow.