The Grinch is anticipated to steal some vacation cheer for a number of consumer-focused tech firms, in what is often their strongest quarter.
This earnings season, traders have been shocked by some grim forecasts of slower progress from a variety of tech firms with massive shopper companies: Apple Inc. AAPL, Etsy Inc. ETSY, Airbnb Inc. ABNB, eBay Inc. EBAY and Amazon.com Inc. AMZN. Each of those firms, apart from Airbnb, often posts their largest income of the 12 months within the December quarter, fueled largely by…
Source web site: www.marketwatch.com
