Tech Titans’ Future Uncertain: Sales Struggles Loom Large
Big Tech companies have exceeded Wall Street’s expectations with their earnings, reporting even higher profits. However, the outlook for the fourth quarter suggests that achieving similar results may be more challenging. Apple Inc., Alphabet Inc., Meta Platforms Inc. and Tesla Inc. gave investors reason to worry about growth. From Apple’s muted holiday outlook to Google parent Alphabet’s lackluster cloud sales results, a recurring theme among the cohort was caution. Meta warned that the coming year looks less predictable, while Tesla expressed concern that demand for electric cars is starting to…
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