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On the earnings front, mega-cap technology takes centre stage. Tesla, Microsoft and Meta report on Wednesday, followed by Apple on Thursday. Together, their guidance on AI capital expenditure, cloud demand, advertising trends and consumer resilience could have index-level implications. Strong confirmation of sustained AI investment and disciplined spending would support risk sentiment, while cautious outlooks could pressure valuations.
Early-week data includes US Durable Goods Orders on Monday, offering insight into business investment and manufacturing momentum, and Conference Board Consumer Confidence on Tuesday, a key indicator linking sentiment to retail demand and services inflation. Boeing’s earnings on Tuesday will also act as a bellwether for industrial recovery and supply-chain normalization.
Wednesday’s earnings spotlight includes Microsoft, where investors will focus on AI monetisation and cloud growth quality; Meta, with attention on ad demand versus AI-driven margin pressure; and Tesla, where guidance on autonomy, Robotaxi ambitions and margin stability may outweigh quarterly delivery details.
On Thursday, Initial Jobless Claims will provide a timely read on labour market conditions, followed by Apple’s earnings, with focus on iPhone demand, Services growth, cost pressures and AI strategy. Friday closes with SoFi’s results, which could influence sentiment across fintech and consumer lending stocks.
Overall, markets will weigh whether resilient earnings and flexible Fed messaging can offset macro uncertainty—or whether caution from either side triggers renewed volatility.

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