Starting with the market performance over the last week, it was somewhat atypical with minor price fluctuations during the first two days. Despite some stock movements, the indices remained largely static with a negligible gain on the first day and slight selling pressure on the second. The real shift was observed on the third day when a considerable downward trend emerged. This downward momentum persisted through the week, culminating in a weak Non-Farm Payroll (NFP) report potentially acting as a bearish catalyst.

Here is a summary of the earnings call for NET

Here is a summary of the AAPLE earnings call - you can hear the full call (including Q&A) on the audio above.

Thursday’s stock market demonstrated a varied performance, with mega-cap equities substantially influencing the fluctuations within the indices. While the major averages faced immediate losses at the beginning of the trading day, they ascended into the green by mid-session but closed lower than Wednesday.

Despite expectations of low trading volume during the pre-NFP and holiday season, August began with unexpectedly higher volume levels, mainly due to increased selling pressure in the markets this week. Notably, yesterday’s trading volume surpassed the prior day's levels, and the Nasdaq experienced above-average volume.

ZoomInfo's Q2 financial results included $309 million in revenue and adjusted operating income of $126 million with a margin of 41%.

AMD's Q2 revenue was $5.4 billion, an 18% YoY decrease. The flat sales resulted from growth in Client and Datacenter segments being offset by declines in Gaming and Embedded Segments.

The stock market faced a touch of selling pressure to start the new month. However, the decline was kept within modest boundaries. A surge in market rates and an inclination towards market consolidation ignited the investors' selling interests. Despite today's losses, the S&P 500 has secured an impressive YTD gain of 19.2%.

Google had a solid performance this quarter, driven by Search and YouTube, and strong growth in Cloud.

Microsoft Cloud surpassed $110 billion in annual revenue, with Azure accounting for more than 50% of the total.

Tesla reported record vehicle production, deliveries, and revenue of about $25 billion in a single quarter.

Reviewing the market dynamics of this past week, the story has been dominated by the theme of volatility. Market indices experienced significant movement from Monday through Friday, with the Dow Jones registering its 11th and 12th consecutive gains on Monday and Tuesday, respectively. Both the Dow Jones and S&P 500 touched two-week intraday highs. However, they fell short of maintaining that momentum.

The S&P 500 faced significant resistance when retesting the 4600 level, coinciding with the release of news from the BoJ.

The US market exhibited some strength but with minimal gains. Amid the current environment of uncertainty, market participants appear to lack a strong consensus on market direction, leading to a balance in stock market activity.

This is a start of a pivotal week ahead, marked by a series of influential events. This includes imminent earnings GOOGL, MSFT and META.

MSFT and GOOGL reported their earnings shortly after the bell and both had a beat. However, one was positive while the other was negative post-earnings.

The US market exhibited some strength but with minimal gains. Amid the current environment of uncertainty, market participants appear to lack a strong consensus on market direction, leading to a balance in stock market activity.

The upcoming week holds significant events in the investment landscape, with the focus on the Federal Reserve's policy statement regarding interest rates.

With second-quarter earnings season well underway, Investors have been paying attention to company outlooks, with earnings for the quarter expected to decline 8.1%, a bigger decline than the 5.7% fall expected at the start of the month. So far, with 89 of the companies in the S&P500 having reported, 73% have beaten analyst expectations.

The majority of U.S. market indices concluded the trading session in negative territory, and the VIX experienced an uptick, reaching a level close to 14.

Wednesday's financial markets we mixed yet concluded with minor gains, perhaps showcasing sustained resistance to a market downturn.