The Magnificent 7 and The Week That Made No Sense at All

Four of "Magnificent 7" companies reported earnings this week. The company reporting the best earnings was crushed. The company reporting the the worst earnings surged. Two companies posted lackluster guidance, but only one of them was punished for it while the other wasn't. Two companies used empty rhetoric about AI, one was punished, one was rewarded. Economic growth was cut in half while inflation is on the rise and the market is up for the week. Just WTF is going on with the Mag 7 and this market as a whole?

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