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Bloomberg Businessweek
Big Tech Earnings to Dominate Markets This Week
Apr 22, 2024
Bloomberg Intelligence Chief Equity Strategist and Bloomberg Opinion Editor share insights on upcoming big tech earnings and climate change's impact on the economy. Neatleaf CEO discusses AI and robotics in greenhouse farming. Market trends, stock analysis, and navigating geopolitical risks in market volatility are also explored.
35:36
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Quick takeaways
- Big tech earnings are dominating market focus, driving stock performance and influencing investor sentiment.
- Climate change could lead to a 19% decrease in global income by 2049, emphasizing the urgent need for mitigation efforts.
Deep dives
Current State of Earnings Season and Tech Companies
Earnings season is currently showing a positive backdrop for stocks, with a focus on assessing margins and top-line growth. Despite early charges from healthcare companies impacting the S&P 500 estimates, excluding them reveals about 5% earnings growth. Tech and communications sectors are driving index growth, with optimism and risk concentrated in these areas.
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Discover
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