Cow Moo-ney
commented on a stock · Jul 31, 2023 08:02
Final week of big tech earnings
We had yet another nice rally last week. It was likely built on the new PCE data which showed that inflation keeps cooling, and stronger-than-expected earnings reports from megacap companies are supporting the case that the U.S. could avoid a recession.
This week, we have a few more big guns from the tech industry reporting. After which, attention will be turned towards the retail sector.