Wall St Week Ahead: Tech giants’ earnings may be another test for markets at new highs By Reuters – Investing.com
- Date: 23-Oct-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
Wall St Week Ahead: Tech giants’ earnings may be another test for markets at new highs By Reuters – Investing.com
By Lewis Krauskopf
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 from regulation, supply-chain snags and rising Treasury yields.
Apple Inc (NASDAQ:), Microsoft Corp (NASDAQ:), Google parent Alphabet (NASDAQ:) Inc, Amazon.com Inc (NASDAQ:) and Facebook Inc (NASDAQ:) are all set to report earnings next week. Collectively, those five names account for over 22% of the weighting in the , giving their stock moves enormous sway over the broader index.