To The Moon

On Thursday (March 26), U.S. markets took a sharp hit. The $NASDAQ(.IXIC)$ fell over 2%, dropping more than 500 points intraday, while the $S&P 500(.SPX)$ slid 1.7%, breaking below the 6,500 level, its lowest since early September. 📉Big Tech led the selloff. The “Mag7” index dropped nearly 3%, with $Meta Platforms, Inc.(META)$ down ~8% and $Alphabet(GOOG)$ falling over 3% after both companies were found liable in a social media addiction lawsuit. At the same time, crypto markets tumbled. $Bitcoin(BTC.USD.CC)$ fell below $70,000, and over $330M in leveraged positions

Big Tech's earnings season is nearly complete — with only $NVIDIA(NVDA)$ left on deck. Among the Magnificent 7, 3 names rallied after their reports, while Tesla, Amazon and Apple stumbled.Let’s see the winners first!1. $Meta Platforms, Inc.(META)$ jumped 11.25% after the company reported second-quarter earnings on Wednesday.Q2 sales increased 22% year over year, which was the same growth rate as a year ago. Q3 sales will come in a range between $47.5 billion and $50.5 billion, ahead of Wall Street estimates of $46.14 billion.CEO said Meta’s AI technology unlocked “greater efficiency and gains across our ad system.”Earnings per share: $7.14 vs. $5.92 expectedRevenue: $47.52 billion vs. $44.80 billion expec