Amazon is highlighted as a key Magnificent Seven stock with an upcoming earnings report that will influence market direction.
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MARKET UPDATE APRIL 29th The AI trade just got rattled. Here's what happened. 🚨 OpenAI missed its
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The creator discusses a market pullback driven by an OpenAI report questioning AI spending sustainability, while noting strength in defensive and industrial sectors. He emphasizes that the broader power trend remains intact despite the semiconductor pause and highlights upcoming earnings from the Magnificent Seven.
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Apple is noted as a key Magnificent Seven stock whose earnings report is expected to set the tone for the market in May.
Microsoft is highlighted as a key Magnificent Seven stock whose upcoming earnings will set the market tone for May.
General Motors is mentioned for beating earnings expectations and raising guidance.
Coca-Cola is noted for a 6% gain following its earnings report.
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