Earnings Outlook: Will Big Tech Make or Break the NASDAQ 100?
- By John Tierney
- 2 min read
Summary
- So far equities have shrugged off mostly negative company outlooks, preferring to focus on better times (and maybe lower rates) in H2 2023.
- The steel industry is the lone bright spot, reporting a resurgence of orders and rising demand from the auto industry and infrastructure spending.
- A trifecta of the tech A-team – Alphabet, Amazon and Apple – report on Thursday. They may well determine whether the NASDAQ 100 keeps recovering or beats another retreat.
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