The Meta earnings report late Wednesday missed estimates on the top and bottom lines and showed its first year-over-year revenue decline. Read More...
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J.P. Morgan Thinks These 2 Tech Stocks Could More Than Double From Here
Warnings of a recession have been prevalent for a while now, and while J.P. Morgan’s global markets strategist Marko Kolanovic thinks one could well be on the way, he believes the market is already reflecting that possibility. “While recession odds are increasing,” Kolanovic said, “a mild recession appears already priced in based on the YTD underperformance of Cyclical vs. Defensive equity sectors, the depth of negative earnings revisions that already matches past recession moves, and the shift
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