Netflix, Facebook, Twitter And More: Hit The Pause Button And Preview Comms Earnings
- Date: 07-Oct-2020
- Source: Forbes
- Sector:Financial Markets
- Country:GCC
Netflix, Facebook, Twitter And More: Hit The Pause Button And Preview Comms Earnings
Getty Images
Getty Images
Key Takeaways:
Though earnings expectations are diminished across the board, Comms could be one of the bright spots
Facebook, Alphabet, and Twitter once again find themselves in the regulatory crosshairs
Disney
DIS
announced it would be laying off 28,000 employees
When you think about the earnings season straight ahead, it's important to remember that not all sectors necessarily look equal. Among sectors, the Communication Services arena is one that might stand out as investors await a fresh round of company reports.
Third quarter earnings for the overall market are again expected to be extraordinarily gloomy for many S&P 500 companies overall—though once again with lowered expectations heading