The first week of Big Tech earnings looked promising — until Thursday hit. After SpaceX (SPCX), Meta (META), and Tesla (TSLA) opened their books without signaling ballooning spending next year, the reality that longer-term projects would, in fact, require the big bucks scared investors into a sharp reevaluation, sending the S&P 500 down nearly 2%. That was enough to send the 10-year Treasury (^TNX) down under the 5% mark despite oil prices shooting up to levels not seen since May. (^GSPC ) Go deeper with AlphaSpace 7,623.68 -39.75 (-0.52%) At close: October 23 at 4:38:21 PM EDT ^GSPC^DJI ^IXIC Big Tech's story continues this week, with Alphabet (GOOG) and Microsoft (MSFT) both reporting on Wednesday and Amazon (AMZN) following on Thursday.
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