Commodities Soar While Equity Investors Assess Earnings Reports

Today marks the peak of earnings season, with four of the Magnificent 7 companies reporting results and issuing forecasts. Tesla* ($0.50 vs Street $0.45) and Meta Platforms ($8.88 vs Street $8.21) are up 1.9% and 8.9% premarket, with traders responding positively to the results. Microsoft, however, is down 6.9% amid signs that its cloud computing […]