Betting on US Big Tech? Top Earnings Reports to Watch in the Coming Week – FX Empire

Daily Microsoft Chart as of the 17/04/2024 Source: ActivTrader

These earnings reports are like X-rays for the tech industry, revealing the health of these leading companies. The data and guidance provided can significantly impact both short-term trading and long-term investment strategies.

For active traders, these reports often create periods of higher volatility, presenting opportunities for strategies like scalping and day trading. News-based trading becomes particularly relevant, allowing traders to capitalise on price movements in either direction (up or down) using financial instruments like CFDs (Contracts for Difference).

Long-term investors can leverage these reports to reassess their asset allocation. The new information can help ensure their portfolios are aligned with their risk tolerance and current market conditions.

Disclaimer

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Betting on US Big Tech? Top Earnings Reports to Watch in the Coming Week - FX Empire