Reported about 1 month ago
As major tech companies prepare for their earnings reports, a slowdown in profit growth is diminishing the perceived invincibility of stocks like Apple, Microsoft, and Nvidia. While these firms are expected to report a collective earnings growth of 19%, this marks the slowest expansion in six quarters, leading to increased scrutiny and concerns over their high valuations and heavy investments in AI. Despite recent underperformance and varying market sentiments, analysts remain largely optimistic about the long-term growth potential of these companies.
Source: YAHOO