Tech giants' earnings may be another test for markets at new highs

Reuters2021-10-23

NEW YORK (Reuters) - Investors are homing in on a flood of earnings reports from Wall Street’s tech and Internet giants, as the high-growth stocks that have led markets higher for years face pressures...

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精彩评论

Andrewinho
2021-10-24
Andrewinho
Up n strong!!! 💪🏻💪🏻💪🏻
- MrTig3r:
  power
Sunny0809
2021-10-24
Sunny0809
Ok
rodney
2021-10-23
rodney
Fb is dropping
- aaalicia:
  Oh
TinPLJ
2021-10-23
TinPLJ
Come. More good news
- 天财寻者:
  [微笑]
- sk5735:
  Hopefully
RichyRick
2021-10-23
RichyRick
Good to know
Dynamism
2021-10-23
Dynamism
K

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Also in focus will be any forecasts regarding supply bottlenecks, such as the chip shortage that has affected a broad swath of global industries, as well as their views on how sustainable the recent surge in consumer prices will be.\nThere have already been some signs that tech companies may have a high bar to clear. Intel and IBM fell sharply after their reports disappointed this week.\nMeanwhile, shares of Facebook fell 5% on Friday after Snap Inc, the owner of photo messaging app Snapchat, said privacy changes implemented by Apple on iOS devices hurt its ability to target and measure its digital advertising.\n\"I would expect the potential for more volatility,\" said James Ragan, director of wealth management research at D.A. Davidson. \"We just might get the possibility for some of these big companies to disappoint a little bit.\"\nMegacap company quarterly reports next week.\nThe market's gains this month have been led by sectors seen as particularly sensitive to swings in the economy, including energy and financials, which have gained 11% and 8%, respectively. The S&P 500 technology sector is up 6% month-to-date.\nMany tech-focused companies received a boost in the wake of the pandemic, amid a shift in consumer behavior amid economic lockdowns and a move to working from home.\n\"The question then becomes, can they keep it up?” said Sameer Samana, senior global market strategist at Wells Fargo Investment Institute. \"What do the growth rates look like for large tech?\"\nA BofA Global Research survey showed earlier this month that fund managers are slightly underweight technology relative to their average positioning of the past 20 years. 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Apple says, 'Yeah, we would have sold a lot more phones except for the chip shortage,' you think it’s really severe then because they are probably first in line to get chips from everybody,” said Peter Tuz, president of Chase Investment Counsel.\nThe prospect of U.S. government regulatory intervention, also hangs over these behemoth companies, so investors will be keen for any insight.\nThis week, the U.S. consumer watchdog said it has demanded information from a number of tech giants on how they gather and use consumer payment data.\nA sustained rise in Treasury yields, which move inversely to bond prices, may also pose a longer-term threat to technology and other growth shares. Valuations of those companies rely more on future cash flows, which are discounted more acutely in standard models when yields rise. The yield on the 10-year Treasury note has risen about 35 basis points in the past month to 1.64%.\n\"It hasn’t been all good news on the earnings front,\" wrote Art Hogan, chief market strategist at National Securities. \"So far the good news has won the tug of war against the bad, but we have a long and potentially bumpy road in front of us.\"","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":858147915,"gmtCreate":1635029470464,"gmtModify":1635029470986,"author":{"id":"3581563418944392","authorId":"3581563418944392","name":"Andrewinho","avatar":"https://static.tigerbbs.com/3127e2bc40ab23064a5187a00a63e19b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581563418944392","authorIdStr":"3581563418944392"},"htmlText":"Up n strong!!! 💪🏻💪🏻💪🏻","listText":"Up n strong!!! 💪🏻💪🏻💪🏻","text":"Up n strong!!! 💪🏻💪🏻💪🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/858147915","repostId":2177927412,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6307167,"gmtCreate":1635056329669,"gmtModify":1635056329710,"authorId":3584333947690568,"author":{"id":3584333947690568,"idStr":"3584333947690568","authorId":3584333947690568,"name":"MrTig3r","avatar":"https://static.tigerbbs.com/b99cfe4b0a492018c40761a39a193aa8","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":858147915,"type":1,"supId":0,"prevId":0,"content":"<u>power</u>","text":"<u>power</u>","html":"<u>power</u>"}],"langContent":"CN"},{"id":858157333,"gmtCreate":1635026545248,"gmtModify":1635026578631,"author":{"id":"3581539047362830","authorId":"3581539047362830","name":"Sunny0809","avatar":"https://static.tigerbbs.com/3ffb7aab0292fd1f17dfb9f99bc5eb03","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581539047362830","authorIdStr":"3581539047362830"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/858157333","repostId":2177927412,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":858028186,"gmtCreate":1634954763820,"gmtModify":1634954803893,"author":{"id":"4096855885956990","authorId":"4096855885956990","name":"rodney","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4096855885956990","authorIdStr":"4096855885956990"},"htmlText":"Fb is dropping","listText":"Fb is dropping","text":"Fb is dropping","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/858028186","repostId":2177927412,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6299819,"gmtCreate":1634982877848,"gmtModify":1634982877884,"authorId":3575668983229009,"author":{"id":3575668983229009,"idStr":"3575668983229009","authorId":3575668983229009,"name":"aaalicia","avatar":"https://static.tigerbbs.com/529aa4af4f034b6dfd3b039305eaeec8","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":858028186,"type":1,"supId":0,"prevId":0,"content":"Oh","text":"Oh","html":"Oh"}],"langContent":"CN"},{"id":858086833,"gmtCreate":1634953346824,"gmtModify":1634954263808,"author":{"id":"3584319358314273","authorId":"3584319358314273","name":"TinPLJ","avatar":"https://static.tigerbbs.com/1f44e52db537ba004a729d3ccce38cef","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3584319358314273","authorIdStr":"3584319358314273"},"htmlText":"Come. More good news&nbsp;","listText":"Come. More good news&nbsp;","text":"Come. More good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/858086833","repostId":2177927412,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6302792,"gmtCreate":1635031911937,"gmtModify":1635031911971,"authorId":3582251507094110,"author":{"id":3582251507094110,"idStr":"3582251507094110","authorId":3582251507094110,"name":"天财寻者","avatar":"https://static.tigerbbs.com/0a116dd3fd41662cd330b47aee6b7082","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":858086833,"type":1,"supId":0,"prevId":0,"content":"[微笑]","text":"[微笑]","html":"[微笑]"},{"id":6300941,"gmtCreate":1634994700556,"gmtModify":1634994700664,"authorId":3581741175905126,"author":{"id":3581741175905126,"idStr":"3581741175905126","authorId":3581741175905126,"name":"sk5735","avatar":"https://static.tigerbbs.com/119fc82bddd3291f8c7e303167676732","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":858086833,"type":1,"supId":0,"prevId":0,"content":"Hopefully","text":"Hopefully","html":"Hopefully"}],"langContent":"CN"},{"id":858019507,"gmtCreate":1634952262795,"gmtModify":1634952628149,"author":{"id":"3574713327400822","authorId":"3574713327400822","name":"RichyRick","avatar":"https://static.tigerbbs.com/b86ee481aaeabbd2348ddf829e3a56fe","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574713327400822","authorIdStr":"3574713327400822"},"htmlText":"Good to know","listText":"Good to know","text":"Good to know","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/858019507","repostId":2177927412,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":858096010,"gmtCreate":1634951004287,"gmtModify":1634951261760,"author":{"id":"3556144692243777","authorId":"3556144692243777","name":"Dynamism","avatar":"https://static.tigerbbs.com/db9d6b46a7676559e8a7f6dec3c91c10","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3556144692243777","authorIdStr":"3556144692243777"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/858096010","repostId":2177927412,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":268,"commentSize":17,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2177927412"}