Big tech earnings are coming. 5 important things to watch.
Come on. Next week, the world’s biggest tech companies all report their ninth-quarter financial results. And I mean all of them…
Meta . Platform
with the appearance of special guests from
Each of these companies reports results over a three-day period, Tuesday through Thursday. At least 25% of the market value of the S&P 500 will be reported during this time.
This will be the last full reading of the underlying industry performance before the end of the year, and the wave of reports could determine the next move in stock prices. The tech sector continues to face headwinds from a strong dollar, reduce consumer spending, rising interest rates, high inflation and the potential for a recession. The market is craving some hint that the worst is over, but don’t hold your breath.