Charles Schwab’s Nathan Peterson, director of derivatives research and strategy at the Schwab Center for Financial Research, summed up the split tape after Wednesday’s mega-cap tech reports with a clear thesis on the Schwab Market Update Audio episode “Mag 7 Earnings, GDP, and Inflation In-Focus.” Four titans reported, all four beat, and only one stock … 3 of 4 Mag 7 Tech Giants Slumped on CapEx Concerns Despite Beating EarningsRead More
