🎙️ Banking Drama Is Back

🚨 This is not a drill: Three of the Magnificent 7 reported earnings Thursday afternoon, leaving markets’ fate up in the air.

The outlook? Investors saw their shadow, meaning six more weeks of bull market ahead.

Kidding aside, with its nearly $3 trillion market cap, investors paid particularly close attention to Apple’s earnings today.

While the company was coming off four straight quarters of annual revenue declines, Apple reversed that trend, growing sales 2%.

Meta also reported earnings, surging 12% in after-hours trading after beating expectations and announcing the company’s first-ever quarterly dividend payment of $0.50 per share.

Amazon’s stock moved higher, too, climbing 5% after reporting a 14% jump in revenue.

— Matthew & Shawn

Here’s today’s rundown:

Today, we'll discuss the three biggest stories in markets:

• Regional banking woes resurface

• Why the U.S. might no longer be spoiled with cheap oil

• The Fed is fed up with data revisions

All this, and more, in just 5 minutes to read.

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