Mag 7 earnings, October jobs report, Apple AI

Alphabet (GOOG, GOOGL), Apple (AAPL), Amazon (AMZN), Microsoft (MSFT), and Meta (META) all report earnings this week. The Job Openings and Labor Turnover Survey (JOLTS) and ADP private payroll data will also give Wall Street a fresh read on the labor market this week.

Takeaways

• Stock futures (ES=F, NQ=F, YM=F) are up Monday morning in anticipation of this week's earnings for Magnificent Seven tech names.
• The US Bureau of Labor Statistics is set to publish the October jobs report this Friday, November 1. The Personal Consumption Expenditures (PCE) index is also due out this Thursday, October 31.
• On top of reporting earnings this Thursday, Apple is launching its Apple Intelligence features today alongside a slew of other software and hardware announcements.

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