Why Big Tech Earnings May Trigger a New Stock Surge for the Sector
Their stocks have been flat, like the rest of the market, but profit expectations are high for Q3.
Their stocks have been flat, like the rest of the market, but profit expectations are high for Q3.
Marking a third straight period of losses, the index’s EPS suffered in financials, real estate, material, health care and energy, a survey finds.
Big tech mega caps skew the profits picture, and stripping them out makes the outlook flat.
The industry also is expanding its exposure to stocks and alts, amid rising rates.
Artificial intelligence-fueled productivity should expand margins by 4 percentage points, the firm projects, but it won’t happen right away.
Battered crypto exchange sets up international operation, even as SEC scrutinizes its business practices.
Franklin Templeton says high rates and infrastructure needs will favor lower-cost shares.
The March-ending quarter is expected to book a 6.2% decline, but FactSet says analysts think this is the worst.
Cyclical stock sectors re-take the lead, but with deliberation, as earnings weaken.
Still-high inflation and an expected recession call for slighting stocks and most other categories, the asset kingpin advises.