Tech's Potential Headwinds, Earnings Season Ahead, and Negative Company Guidance 04/11/23
Tech could be facing some potential headwinds following a 29% slump in PC sales for the first quarter. Big Technology's Alex Kantrowitz gives the outlook. Plus, investors are gearing up for earnings season as worries of a massive earnings decline loom on Wall Street. Delancey Wealth Management's Ivory Johnson explains the impact on the markets. And, as of last week, 106 companies in the S&P 500 had issued Q1 earnings guidance, with roughly three quarters of those companies giving negative guidance. Aureus Asset Management's Karen Firestone discusses where she's putting money to work.
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