Following Yesterday’s Nasdaq Rally, Tech Earnings Today Are in Focus. July 28, 2022
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Shares of Meta platforms are lower ahead of the open after the company reported its first ever year-on-year revenue decline. Jefferies’ Jared Weisfeld breaks down what this means for Amazon and Apple reports later today. Plus, shares of Etsy are surging after the online marketplace operator reported better-than-expected Q2 results. Jane Hali & Associates’ Jessica Ramirez dives into what this means for the retail sector. And, President Biden and Chinese President Xi Jinping are set to speak later today, marking the first time the pair have spoken since March. Longview Global’s Dewardric McNeal breaks down what to expect.