Tech Earnings Set For First Quarterly Fall Since 2013

By | January 22, 2016

Scalper1 News

Just as the stock market goes through a correction, earnings for the tech companies in the S&P 500 are expected to record their first year-over-year decline in the past 10 quarters. A slowing China, weak global economy, strong dollar, poor PC sales and the shift to cloud computing continue to weigh on the tech sector, and the top tech companies’ Q4 EPS are seen falling for the first time since Q2 2013. “Tech remains stuck in a low-growth Scalper1 News

Scalper1 News