👀 Buckle up: Amazon, Meta, and Microsoft report Wed/Thu, with Apple and Qualcomm also on deck. The Magnificent Seven ETF (MAGS) fell 5%+ last week as investors fear runaway AI capex.

$AMZN (-1,93 %)
$META (-3,46 %)
$MSFT (-1,82 %)
$AAPL (+0,25 %)
$QCOM (-2,78 %)
$MAGS

#BigTech
#Earnings
#AI

$MAGS Magnificent 7 closed green for the 7th consecutive month.

Will it continue higher or will the negative divergence ruin our holiday season?