ETFs: Corporate earnings valuing cost cutting over growth, expert says

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As earnings season nears its close, VettaFi has found that 80 percent of earnings beats can be attributed to cost-cutting measures and not revenue growth. ETF Think Tank Director of Research Cinthia Murphy sits down with Yahoo Finance Live to talk about cautionary ETF plays as earnings season passes and investors pay closer attention to the Fed's interest rate decisions. 'The truth is they're beating because they're cutting costs, and that's not necessarily supportive of growth,' Murphy says on earnings season, adding: 'What we're seeing in the ETF space... people [are] slowly [trimming] that risk exposure and defensive plays are gaining momentum here because nobody knows what happens next.' Murphy outlines ETF strategies amid higher-for-longer interest rates, such as total market exposures, while also commenting on the narrative around the pending approval of a spot bitcoin ETF.

Shopify Inc stock has performed even better than Meta Platforms over the last eight years. The post Meta Is Rising, But This Canadian Tech Stock Is Soaring Even Higher appeared first on The Motley Fool Canada."I think the Fed likely says something dovish-ish. Why? Does Fed want to risk another 'something breaking' ala February 2023?" Fundstrat said.

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