This week will bring earnings from several of the 'Magnificent Seven' tech giants
🔎 Chevron , Hess : Chevron agreed to buy Hess for $53 billion in stock. The deal values Hess at $171 a share, based on Chevron's closing price on Friday. Chevron stock slipped premarket, while Hess shares advanced. ↘️ Royal Philips , : The Dutch medical-devices company said higher sales had helped it swing to a quarterly profit, but order intake had fallen 9% on the year. Philips stock fell.
↗️ Textainer : Infrastructure investor Stonepeak agreed to buy the shipping-container lessor for over $2 billion. Textainer stock surged more than 40% to approach the deal’s $50-a-share value. 🔎 Roche , , Roivant Sciences , Pfizer : Roche agreed to buy Telavant Holdings from Roivant Sciences and Pfizer in a deal worth up to $7.25 billion as the Swiss drug maker seeks to bolster its immunology pipeline.
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