What Can Investors Expect From Big Tech Earnings?
Alphabet(GOOGL) Zacks Investment Research·2024-04-19 22:41
Many in the market are looking to this week's quarterly results from the four members of ‘the Magnificent 7’ to help reverse the stock market’s ongoing weakness.The immediate catalyst for the stock market pullback appears to be tied to the timing of Fed easing as a result of the evolving inflation picture rather than any deterioration in the overall earnings picture. If anything, the overall earnings picture has actually been improving ever so slightly in recent weeks, as we have been noting in our earnings ...