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Closing Bell: What’s Riding on Big Tech’s Big Reports? 10/29/24

Closing Bell

CHAPTER

Navigating Alphabet's Earnings and Market Challenges

This chapter explores the implications of impending earnings reports from major tech companies, with a specific focus on Alphabet's recent struggles amidst rising competition and regulatory scrutiny. The discussion highlights investor concerns regarding Alphabet's expenditures, legal issues, and its ability to adapt in the evolving landscape of generative AI. Additionally, the chapter examines market dynamics and the potential for a re-rotation into tech stocks as earnings season unfolds.

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