Tech earnings took a dark turn this week with warnings about the coronavirus and election\n

Published Sat, Oct 31 2020Amazon, Apple and Facebook all gave dire warnings about the state of the world this quarter due to a rise in Covid-19 cases and potential civil unrest following next week's presidential election in the U.S.While Big Tech enacts an unprecedented response to the pandemic, the U.S. government has failed to provide aid.Tech companies had more to report Thursday night than the billions in profits they generated last quarter.spiking across the U.S.

. "They're climbing in the United States. And so there's still a sufficient level of uncertainty out there… we don't believe that's an environment to guide into." "I'm worried that with our nation so divided and election results potentially taking days or weeks to be finalized, there is a risk of civil unrest across the country," Zuckerberg said on Facebook's earnings call Thursday night. "Given this, companies like ours need to go well beyond what we've done before.

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Source: WSJ - 🏆 98. / 63 Read more »

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