Here's what this investor is looking for as Big Tech earnings approach

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

This week will see some of the larger tech firms on Wall Street report quarterly results, including Microsoft, Google-parent Alphabet, Amazon and Meta.

Investor Bryn Talkington said Monday there are two elements she is watching this week as major tech-related companies report earnings: ad revenue and discussions around artificial intelligence. This week will see some of the larger tech firms on Wall Street report quarterly results, including Microsoft , Google-parent Alphabet , Amazon and Meta . Talkington said the key for for Alphabet and Meta will be in their ad revenue, as that comprised a chunk of each company's top line.

On Microsoft, Talkington thinks the conversation will remain focused on artificial intelligence and the prominence of OpenAI's ChatGPT, while the company could benefit from a weaker dollar. "I think that like Apple, who last quarter had a tailwind from FX because the dollar was strong, the dollar [now] weakening should also be very creative to Microsoft," Talkington, managing partner at Requisite Capital Management, told CNBC Pro.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Big Tech Q1 Earnings to Peel Back Curtain on Digital Ad MarketFor Variety VIP+ subscribers: Big Tech Q1 earnings are set to peel back the curtain on the the digital ad market, and it’s a moment of truth
Source: Variety - 🏆 108. / 63 Read more »