Microsoft and Alphabet report on Tuesday, while Amazon and Apple check in on Thursday. The quartet represents nearly $10 trillion in market cap.
At Wednesday's Fed meeting, rate cuts aren't expected, but Jerome Powell's speech will offer clues to the central bank's longer-term plans.
And the week rounds out with a jobs report that'll give investors a sense of whether the economy is cooling — indicating a more urgent need for rate cuts — or strong enough to delay the Fed's plans for relief.
The information overload comes amid an uncertain time for Big Tech and the broader stock market.
A key part of that equation is the Magnificent Seven — Apple, Microsoft, Amazon, Alphabet, Nvidia, Meta Platforms, and Tesla — which accounted for over 60% of the S&P 500's 25% gain last year.
This year has been more of a mixed bag. Nvidia is already up more than 26% this year, while Tesla is down over 26% after a brutal earnings miss last week.
Other members haven't faced extreme price swings but are still dealing with drama.
Even if company executives don't answer all of the analysts' questions, we'll still get a sense of the tech giants' 2024 plans, which is crucial for the wider market.
But focusing entirely on the Magnificent Seven, as tempting as it might be, might not be your best bet.
Still, positivity prevails for some. The CEO of one public company I spoke to last week has bought into the chances of the Fed pulling off a soft landing despite their doubts a year ago.
"I'm more of an optimist right now," the CEO said.
1. Life after Jamie Dimon at JPMorgan. A leadership shuffle at the biggest US bank provides hints about succession plans. Here's what the new roles for Jennifer Piepszak, Marianne Lake, and Troy Rohrbaugh mean for how the bank thinks about Dimon's eventual replacement.
2. Billionaire Jeffrey Gundlach: Buckle up for a bumpy ride in the markets. The DoubleLine Capital CEO believes a recession is imminent and suggests holding onto cash. When he's ready to dive back in, he sees the most value in markets like India and Japan.
3. Mohamed El-Erian isn't sold on a soft landing. The famed economist pointed to headwinds like a slowdown in consumer spending and stubborn inflation as causes for concern. "There's a real risk that growth slows to the one to one and a half percent level," El-Erian said of GDP.
3 things in tech
1. Amazon is about to shake up the TV ad marketplace. Prime Video viewers will be subjected to ads on their favorite shows, effective today. That'll snap up market share from traditional players like Comcast and Warner Bros. Discovery, and could boost Amazon's revenue by billions.
2. These 7 healthcare startups are primed to IPO once the market reopens. While healthcare experts are split on whether the IPO window will reopen in 2024, several startups seem to be getting ready to go public. Those include Lyra Health and Maven, VCs and bankers told us.
3. Get in, we're going tech shopping. Newegg, an online retailer, is the newest place to buy refurbished iPhones, MacBooks, and other products — and could give Apple a run for its money in preowned devices.
3 things in business
1. A Hong Kong court has ordered the liquidation of China Evergrande. Liquidators will now take control of the company's assets and prepare to sell them in order to repay the company's debts, which total $300 billion. However, experts say there may be little to recover.