Key Takeaways Magnificent 7 stocks are reporting strong quarterly earnings results despite rising tariff tensions. Microsoft is a standout performer of the group, with less tariff risk and accelerating cloud growth. AMZN, GOOGL and NVDA are trading below historical average valuations. Over the past two weeks, most of the Magnificent 7 have reported earnings, and the results were broadly positive, reinforcing the strength and scale of these market leaders. Last week brought reports from Amazon ((AMZN), App ...