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Closing Bell: Mega Week for the Mega Caps 7/30/24

Closing Bell

CHAPTER

Market Movements and Earnings Insights

This chapter analyzes the declining performance of the SMH ETF, particularly focusing on AMD's upcoming earnings report and its AI prospects amid NVIDIA's downturn. The discussion also covers broader market dynamics, including shifts in sector performance, the impact of recent airline disruptions, and predictions for companies like Microsoft and Starbucks. Amidst the challenges in the AI sector and specific stock movements, the chapter highlights the necessity for solid performance to regain investor confidence.

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