Wenesday night is the main event for earnings season, with Alphabet, Amazon, Meta and Microsoft – four of the "Magnificent Seven" — set to report.

Calls are trading more expensive than puts in the five names that report this week, and call volume outpaces put volume in all but Alphabet.

Alphabet, Amazon, Meta, Microsoft and Apple all report this weak. Combined, they make up 24% of the S&P 500.

Wenesday night is the main event for earnings season, with Alphabet, Amazon, Meta and Microsoft – four of the "Magnificent Seven" — set to report.

See which stocks are posting big moves after the bell.

Investors digested the latest quarterly reports from Amazon, Alphabet and other Magnificent Seven giants.