Big Tech Earnings Season: MSFT (Jul 2022) Microsoft Corporation

Big tech companies were able to benefit from stay-at-home orders and other COVID lockdowns compared to other companies. Since the end of 2021 however they have tumbled. The invasion of Ukraine still ongoing, commodities shortest abound, return-to-office orders, supply-chain disruptions, extreme inflation, murky forecasts from analysts. Big tech earnings results released this summer are a possible make-or-break trigger for the overall market.

AMZN (Jul 2022) Amazon.com, Inc.

Extreme inflation, rising interest rates, the ongoing invasion of Ukraine, gas prices at record highs, China’s repeated COVID lockdowns, all after an extended pandemic-driven bull run. There is a lot to take in, and with Amazon stock down nearly 40% from its peak in July of 2021, some investors might be wondering if AMZN is oversold.