Fri, Jan 14, 2022 10:34 PM
Telcos wants ₹35,000cr input tax credit refund, GST waiver on licence fee
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Next week's earnings reports from some of the market's biggest tech and growth companies could prove an important test for U.S. stock rally, which has flagged as expectations for interest cuts fade. Tesla, Meta Platforms, Alphabet and Microsoft - all set to report next week - are part of the group of companies that had been dubbed the Magnificent Seven as they led S&P 500 to a 24% gain last year.
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We're barreling through earnings season, and soon we'll be learning how Etsy (NASDAQ: ETSY) performed in its most recently completed quarter. In an instance of interesting timing, one analyst got notably more bearish about prospects for the handmade-goods website operator. In fact, he knocked his recommendation down a peg while chopping his price target on the stock.
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The stocks of Block and Paypal have been on rollercoaster rides the past few years. However, both stocks are set up to have strong years in 2024. 📌Block is best known for its Square ecosystem, which was first designed to allow sellers to accept credit and debit card payments from their phones or tablets. 📌PayPal is best known for its namesake payment platform.
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