Meta, Microsoft, and Tesla reported earnings after the bell, with investors looking for indicators that the Magnificent Seven is still magnificent in the early going of 2026. Earnings by Meta and Microsoft, in particular, could help gauge whether the artificial intelligence (AI) theme is still running hot. Likewise, Microsoft beat Wall Street’s EPS and revenue expectations in Q2 for its 2026 fiscal year. For Tesla, investors were wondering whether the recent revenue slide persisted in the final quarter of 2025. For opportunities in Meta, Microsoft, and Tesla:Traders can also trade entire sectors to avoid the overconcentration risk associated with individual stocks.