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Stock impact report

Therese Poletti's Tech Tales: Tech is ready to respond to Wall Street’s doubts, but don’t expect a holiday miracle [MarketWatch]

Synovus Financial Corp. (SNV) 
Last synovus financial corp. earnings: 4/24 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.synovus.com
Company Research Source: MarketWatch
Tech is ready to respond to Wall Street’s doubts, but don’t expect a holiday miracle The most important earnings season for tech since the dot-com boom went bust is about to begin, but don’t expect a holiday miracle, especially for the companies that are used to a victory lap at this time of year. The first round of quarterly earnings every year is normally an exuberant time for tech companies, which get to show off how many devices they put under Christmas trees, how many ads for those goodies they sold, or services that will be enjoyed on the new iPhones, PCs and more. This earnings season, though, comes in the wake of a huge fourth-quarter decline for tech stocks, as forecasts for the holiday season sparked concerns about the death of huge growth rates that have propelled tech companies to previously outsize valuations — the most serious challenge the current tech boom has faced. The one bright spot from the bloodletting at the end of 2018 is that expectations have been diminished, Show less Read more
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