Why is corporate guidance influencing tech sector performance? | Morning Markets

from True Potential Morning Markets · host True Potential

With many stock prices near all-time highs, corporate guidance appears to be having more influence upon the immediate market reaction, rather than actual earnings. Kevin Kidney, Head of Asset Allocation, looks at two stand out examples from this week in Tesla and Meta and what they reveal about the global corporate profitability cycle.

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This episode was published on April 25, 2024.

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