Reported 28 days ago
As major tech companies like Alphabet and Microsoft prepare to announce their earnings, experts discuss investor expectations. Barclays' Venu Krishna notes that earnings moderation is anticipated, and any beat of 5% to 6% over Wall Street's estimates would be acceptable, while exceeding those expectations would be exceptional. He cautions that with high investor expectations, anything below this threshold could lead to disappointment, as at times, Big Tech's performance has shown increased correlation with overall market trends.
Source: YAHOO