3 months ago
5
If you're wondering why tech companies like Meta, Reddit, and Apple reported strong earnings this week despite President Donald Trump's tariffs, well, the tariffs may be the answer. No, the tariffs didn't help these companies, but they did lower expectations. The lower the bar, the easier it is to clear.
Yahoo Finance noted that second-quarter earnings were largely trending positive and that "analysts tempered their expectations amid President Trump's tariffs, stocks' lofty valuations, and uncertainty about the health of the US economy."
Meta, for instance,
Source: https://mashable.com/article/reddit-meta-apple-earnings-revenue-trump-tariffs Disclaimer of liability !!!
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