The global markets are closely watching the Magnificent Seven (Meg 7) earnings, as a results from the major U.S. Tech firms which continue to influence overall risk sentiment. The Mag 7 which are Apple, Microsoft, Google, Amazon, Nvidia, Meta and Tesla are releasing their results. Currently, the crypto markets are showing cautious reactions as correlations with equities remain in focus.
There is news around the South Korea’s seizure of Ethereum (ETH) which losses has sparked fresh debate on government custody, risk management and transparency in handling digital assets across the world. There is speculation that $475 billion is the total amount they (Meg 7) are planning to spend in 2026 to build servers and AI robots.
It’s interesting to know that this is not all about stocks. There will be strong earning, risk-on liquidity flow $BTC & $ETH benefit in term of volatility spikes. AI, cloud and EV demand will also decides the next move.
