Tabb Forum: Big Tech Earnings and Employment Data In Focus This Week
Read the full article on Tabb Forum.
Summary:
- S&P 500 EPS growth for Q1 2023 is set to come in at -6.2%, the lowest rate in nearly 3 years
- Softening employment both good and bad for bottom-lines
- The LERI shows corporate uncertainty increasing to a 2-year high
- Streaming services SPOT and ROKU signaling good news ahead of Q1 calls
- Big tech in the spotlight this week: GOOGL, MSFT, META, AMZN
- Peak weeks for Q1 season from April 24 – May 12
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