Reported 28 days ago
As Wall Street navigates a turbulent news cycle, strategists emphasize the importance of upcoming earnings reports from major tech companies like Microsoft, Alphabet, and Meta. With 169 S&P 500 firms reporting soon, analysts warn that a lot is riding on these results, especially amid expectations for broader economic data releases and the Federal Reserve's interest rate decision. Companies that exceed earnings expectations have historically seen significant stock price increases, making the pressure on Big Tech particularly high after their substantial gains tied to AI advancements.
Source: YAHOO