Pullbacks in cloud and advertising spending will hurt tech earnings, says Hightower's Stephanie Link

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Anticipating really bad earnings relative to the skyhigh multiples we have today. Bracing for impact. Double whammy considering debt cieling fiasco. Greatest buying opportunity this summer since March 2020? Could be.

kurdik
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'State the obvious Stef' strikes again

illegalsmirf
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so the mean average of the index was .. these kinds of stock guys are used to betting on sports huh

lookingjust
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I said last year. DONT EXPEXT BLOCKBUSTER EARNINGS. JUST LOOK AROUND, INFLATION, HIGHER RATES. EVEN HIGHER RATES. LAYOFF. INFLATION MAKES YOU STOP SPENDING. MONEY FLOW STOPS.

bigsidable
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Well they had a good quarter, of course they did, all the savings from the job cuts and internal stocks buying. What a joke. Stay informed the market will show its true self soon. Good luck🐻

NUCLYOS
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CBOE Market Volatility Index 13% today. lol

aleksrussian