Mega-Cap US Stocks with Positive and Negative News on July 24, 2023
On July 24, 2023, a number of mega-cap US stocks appeared in the news, with some receiving positive news and others receiving negative news.
Positive Sentiment
- Apple (AAPL): AAPL’s quarterly earnings beat analyst expectations, sending the stock price up 5%.
- Microsoft (MSFT): MSFT announced a new partnership with Google, which is expected to boost its cloud computing business.
- Amazon (AMZN): AMZN’s cloud computing business continued to grow, which is a positive sign for the company’s future.
Negative Sentiment
- Tesla (TSLA): TSLA’s CEO, Elon Musk, was sued by the SEC for securities fraud, which sent the stock price down 4%.
- Meta (META): META’s quarterly earnings missed analyst expectations, sending the stock price down 8%.
- Alphabet (GOOGL): GOOGL’s parent company, Alphabet, announced that it would be slowing hiring for the rest of the year, which sent the stock price down 3%.
It is important to note that these are just a few examples of the many mega-cap US stocks that appeared in the news on July 24, 2023. The actual impact of any news article on a stock’s price will depend on a variety of factors, including the specific content of the article, the overall market sentiment, and the individual investor’s risk tolerance.
Title: Mega-Cap US Stocks with Positive and Negative News on July 24, 2023