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Stock Market This Week: SPX Record Streak & Mag 7 Earnings

Stock Market This Week: SPX Record Streak & Mag 7 Earnings

Schwab Network · Schwab Network

May 2, 20252m 26s

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Show Notes

The SPX hit a milestone the index hasn't seen since November 2004: closing higher nine days in a row. It also comes with four Mag 7 companies reporting earnings that showed mostly better-than-expected results. Microsoft (MSFT) led with strong revenue in Azure cloud, though Amazon's (AMZN) AWS revenue ticked slightly under analyst estimates. Apple (AAPL) was the biggest laggard of the group as it navigates China tariffs. Marley Kayden takes investors through the biggest stories of the week.


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