The stock market is down, but these 4 tech companies prove there’s still good news out there – TechCrunch
It’s been a tough week. After the Supreme Courtroom leak, method An extreme quantity of layoff information, the inventory prices of The Most very important tech corporations in retreat, and a widespread feeling that the financial system Goes Inside The incorrect course, …….
It’s been a tough week. After the Supreme Courtroom leak, method An extreme quantity of layoff information, the inventory prices of The Most very important tech corporations in retreat, and a widespread feeling that the financial system Goes Inside The incorrect course, it’s straightforward To imagine every thing sucks.
However we’re right here to enhance your spirits Barely, A minimal of To inform you that it’s not all dangerous information. Tright here are corporations That are nonetheless doing pretty properly, and we needed to spotlight 4 that had strong earnings reviews this week.
Wright hereas it’s straightforward To imagine Everyone seems to be all of a sudden on a practice to nowright here, current earnings reviews from a quantity of Computer software corporations are proof that we nonetheless have tech retailers rising at a extreme price. How extreme? Some have been above 50%, and 60% progress was not Unprecedented.
What’s extra, The corporations we’re Taking A look at right now largely shared constructive steerage. And but, even with constructive earnings and A constructive outlook, The corporations acquired remedy from buyers Starting from noncommittal to downright hostile.
Tright here’s an argument to be made that some tech corporations might fare Barely greater in a recession or comparable macroeconomic slowdown than some Appear to anticipate right now; The teachings of mid-2020 might Want to be relearned, in completely different phrases.
Let’s Take A look at end outcomes from Cloudflare and Confluent to gauge how the market is treating even end outcomes That seem pretty darn strong. We’ll furtherly Take A look at Amplitude, An group that took large lumps after its This fall 2021 earnings report and was …….
