Earnings Season to Put Wall Street’s Rotation Trade to the Test
تحليل معلومات السوق
مدعوم بالذكاء الاصطناعيEarnings season is approaching, and investors are concerned about the rotation trade, as Big Tech is expected to drive profit growth, while non-tech earnings are expected to decelerate.
Market impact analysis based on bearish sentiment with 80% confidence.
سياق المقال
The problem for any jittery investors is that Big Tech is still poised to be the dominant contributor to fourth-quarter profit growth among S&P 500 Index firms. Tech firms in the index are estimated to show year-over-year earnings growth of 20%, while non-tech earnings expansion is slated to decelerate from 9% to just 1%, according to data from Bank of America Corp.
التحليل والرؤى المقدمة من AnalystMarkets AI.