How these 22 tech stocks stand out from the pack this earnings season

Third-quarter earnings season is just about over, which means it is time to see which technology companies have been faring best as most stocks have declined. A screen of those companies is below.

The benchmark S&P 500 SPX has fallen 16% during 2022, even after last week’s 6% increase. The S&P 500 information technology sector performed very well last week, with a 10% increase, but is still down nearly 24% this year. A company’s operating margin goes further, subtracting more overhead and other expenses that aren’t directly related to the production of goods and services sold. It is, essentially, earnings before interest and taxes , divided by sales.

The point of all this is to underscore that the strict definition of “S&P 500 information technology” doesn’t match investors’ perceptions. Read Tomi Kilgore’s detailed guide to the wealth of information for free on the MarketWatch quote page.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How an 'electronic nose' could help fight wildfires | CNN BusinessGerman startup Dryad has designed a cheap sensor that it says could drastically speed up the detection of wildfires, reducing damage and cutting carbon emissions. On what forest scale was this sensor installed? Thank you Cc: dipika_bajpai ben_ifs mahesh_ifs SudhaRamenIFS ifs_yedukondalu PraveenIFShere ParveenKaswan Cutting carbon emissions/reducing damage of forest fires? You are such clowns, as is anyone peddling/buying this obvious grift. You're CAUSING MAN MADE CLIMATE CHANGE by interfering with the natural workings of interconnected (complex beyond comprehension) processes. STOP ALREADY
Source: cnni - 🏆 326. / 59 Read more »