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Mag 7's diverging Q2 results: Will they boost the market again?
After $Meta Platforms (META.US)$'s strong earnings, its rose nearly 5% on August 1. In contrast, $Amazon (AMZN.US)$'s muted earnings Show More
After $Meta Platforms (META.US)$'s strong earnings, its rose nearly 5% on August 1. In contrast, $Amazon (AMZN.US)$'s muted earnings, impacted by heavy AI investments and declining cloud demand, led to an 8% drop in post-market trading. $Apple (AAPL.US)$ surpassed revenue and net income estimates despite slipping iPhone sales and lower China revenue, but its shares dipped about 1% after hours.

July was tough for tech stocks as risk-averse sentiment rose due to "high expectations" and "valuation bubbles". The market is now eagerly waiting for $NVIDIA (NVDA.US)$'s earnings release on August 23 in hopes that it will lead a tech rally.

🎙️Discussion
1. Is this a good time to buy tech stocks on the dip?
2. How will you adjust your portfolio ahead of NVDA's earnings release?
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