This week will be a beefy one for Big Tech earnings. 🥩
Facebook will kick off the festivities on Monday. On Tuesday, Microsoft, Twitter, and Google will follow suit. Apple, Amazon will pick up the back end of the week.
They could use a boost. Concerns about rising interest rates and revenue misses might be sowing doubt in the minds of investors. After Snapchat’s revenue miss last week, there’s even more at stake. 😱😱😱
It’s also worth mentioning that they’ll be joined by a slew of other smaller-but-still-pretty-dang-big tech companies such as AMD, Spotify, Shopify, and Robinhood.
However, given the strong earnings reported so far in the quarter, investors might have little to worry about. Of the 117 names in the S&P 500 that have reported earnings, 83.8% have posted earnings above analyst estimates.
Check out our earnings section below to see what Stocktwits has its eyes on this week. 👀