Earnings Season: Steadying the Ship in Rough Seas

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Mondays

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Earnings season is here, and the pressure is on! Profit growth is slowing, and Wall Street is watching closely as Big Tech tries to keep earnings afloat. This isn't a crisis, but with rising costs and a cooling economy, companies can't afford to stumble. Energy and consumer staples are expected to shrink, while information technology is still going strong. Keep an eye out for potential surprises from lesser-known companies like Celsius Holdings and Broadcom. Ultimately, it's not just about the numbers, but how confident executives sound on their earnings calls. Big banks are up next, and they'll set the tone for a season where credibility is key. Hosted on Acast. See acast.com/privacy for more information.