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RE: LeoThread 2024-11-18 12:02

in LeoFinance11 days ago

Part 1/4:

The Shifting Landscape of Tech: Earnings, Valuations, and Policy Changes

The tech industry is facing a shifting landscape, with a mix of earnings reports, changing valuations, and policy uncertainties under the incoming Trump administration.

Earnings Highlights and Challenges

  • Alibaba reported solid growth in its international and cloud units, but saw weak sales in its core China e-commerce business, reflecting the broader consumer sentiment in the country.

  • Applied Materials, the largest U.S. chip equipment maker, gave a weak outlook, signaling potential challenges in the chip industry.

  • Nvidia, a key player in the tech sector, is set to report earnings on November 20, with investors closely watching for signs of the company's performance.