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Tech's earnings bonanza this week shines spotlight on growing troubles at Tesla, Google

·1 min


Tech Giants Brace for Earnings with Mounting Concerns #

Tech giants Tesla, Meta, Apple, and Microsoft are set to report earnings this week amid a backdrop of company-specific challenges and a broader tech sell-off. Tesla faces a decline in sales and a turbulent few weeks with layoffs, price cuts, and a Cybertruck recall. Meta confronts issues with its Reality Labs division and controversy surrounding its new AI assistant. Alphabet’s Google division is dealing with protests, layoffs, and a contract controversy. Microsoft is navigating scrutiny over its relationship with OpenAI and potential weakness in its small and medium-sized business customer base. Wall Street anxiously awaits these earnings reports as the market continues to be volatile.