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Stock impact report

Big Tech earnings power S&P to best week since October 2023; focus turns to Fed meet [Seeking Alpha]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Company Research Source: Seeking Alpha
Its accompanying SPDR S&P 500 ETF Trust ( NYSEARCA: SPY added 2.65% for the week. O what a difference five trading days and a strong earnings season can bring! Last Friday, the benchmark index delivered its worst weekly performance in over a year while extending its April pullback to more than 5%. Fast forward to today, and not only has the S&P 500 ( SP500 ) snapped a three-week losing streak, it has also posted its best weekly gain since late October 2023. This week's gains were primarily driven by a surge in technology stocks and other heavyweight growth sectors such as consumer discretionary and communication services. Favorably received quarterly reports from Tesla TSLA Microsoft MSFT ) and Alphabet GOOG GOOGL ) anchored the advance, with the latter two cementing their dominance in artificial intelligence (AI) via their performance. Moreover, the Google-parent achieved history on Friday by closing above $2T in market cap valuation. Other household names and major companies g Show less Read more
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