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via finance.yahoo.comMarkets

Magnificent 7 earnings preview: Meta and Tesla take center stage this week

FROM THE WIRE · FINANCE.YAHOO.COM

Third-quarter earnings season heats up this week as Magnificent Seven giants Meta Platforms META) and Tesla TSLA) prepare to release their quarterly results on Wednesday, October 21, after the market closes. Both reports could serve as important catalysts for the broader…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralResults from two tech megacaps can steer the sector after the recent market pullback.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Meta and Tesla will release Q3 results on Wednesday, October 21, after the market closes.
  2. 02Investors want proof that heavy AI spending will translate into profitability.
  3. 03Tesla must turn stronger-than-expected deliveries into better financial performance.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Meta Platforms, Inc.METAStock705.08 USD+0.25%today -0.60%Neutral Tesla, Inc.TSLAStock368.48 USD+0.50%today +3.88%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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