tts.alexius
Active member
Tech companies are entering earnings period after a Nasdaq 100 Index tested by a 4% drop – the worst in months, since April. Speculation, move to riskier, less efficient asset classes such as small cap and health care, as well as caution over overhyped AI and possible future restriction of exporting chips have caused scary drops among former stars like Nvidia and Amazon shares. After the S&P 500 listed tech bigs kicked off first quarterly earnings, there is heightened focus on companies’ resilience to sustain profit and revenue increase with regard to expectations of AI. The businesses are Alphabet, Tesla, Apple, Microsoft, and Meta, and all of them have to demonstrate whether they can back up the high valuations and meet analysts’ revised high estimates, which any declines would penalize more severely.