Stocks Rally Ahead of Busiest Week of Earnings, and a Chinese EV Maker Locks in Its Best Week of the Year 7/28/23

Major markets resumed their rally as better than expected inflation data calmed fears over how far the Fed will still go. But with Apple and Amazon headlining next week’s earnings calendar, will earnings strength keep the momentum going? Plus Xpeng Motors was up more than 60% this week, thanks to a deal with Volkswagen. What will that mean for Tesla and others in the EV space?

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