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https://www.barrons.com/articles/big-tech-stock-market-earnings-51651276179
Heading into the latest earnings season, there was optimism on Wall Street that the tech giants would save the day. No other companies seemed better positioned to deal with the myriad issues plaguing the financial markets. But it turns out not even the best firms on the planet can dodge the combined forces of rising interest rates, soaring inflation, supply shortages, war, and pandemic.
Last week, the tech sector’s five most important companies all reported earnings, and the results were a decidedly mixed bag. There wasn’t...
Heading into the latest earnings season, there was optimism on Wall Street that the tech giants would save the day.
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