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Published on 31 Jul 2022 on Market Watch

Big Tech survived the earnings test, but many more tech companies are picking up their pencils


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Wall Street breathed a sigh of relief after Big Tech produced results that were largely not as bad as feared (except for Facebook), but the harder part of this earnings season may arrive in the coming week.

A parade of smaller tech companies in sectors that received a huge pandemic bounce that may be coming back to earth will report results, without the safety of huge profit and revenue and dominant market positions that the top titans of the tech world have.

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