This week, four of the seven tech giants will be releasing their earnings reports, along with MicroStrategy, a company heavily invested in Bitcoin. These earnings reports will directly impact the sentiment in the U.S. stock market, which in turn indirectly determines the trends of Bitcoin and the entire cryptocurrency market. Therefore, the results of these earnings reports are not to be overlooked. If the tech giants perform well, the U.S. stock market may continue to rise. However, if the earnings reports disappoint, it could lead to some trouble.
Market expectations suggest that the so-called 'seven giants' will have an average profit growth rate of 15% by 2025. Despite escalating trade tensions, this forecast has changed little since early March. This increases the risk for the four large companies releasing earnings reports this week, as their combined weight in the S&P 500 index is nearly 20%. In an already fearful market atmosphere, traders are unlikely to forgive these companies if their performance falls short of expectations, even though their stock prices have already dropped significantly. Therefore, the announcement of these earnings reports is likely to be negative news. #特朗普税改 #美股财报周来袭 #MichaelSaylor暗示增持BTC #ProSharesTrustXRPETF