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Investors await tech earnings in next test for markets

wsj

4 min read . Updated: 24 Jan 2023, 06:14 PM IST Charley Grant, The Wall Street Journal

Tech companies such as Microsoft are sharply cutting staff after head counts swelled in the pandemic boom. (Photo: Bloomberg) — Tech companies such as Microsoft are sharply cutting staff after head counts swelled in the pandemic boom. (Photo: Bloomberg)

Analysts’ expectations aren’t high as top companies announce layoffs

Technology stocks are off to a strong start after enduring a miserable 2022. The first big test of the new year’s rally is on tap.