Will the economic slowdown take the wind out of the US tech industry’s sails?

[Google News Bot]

Looming layoffs, rising inflation and fears of an impending recession bode ill for companies’ earnings calls next weekAmid an ongoing slowdown in the tech industry, with potential layoffs looming, investors are expecting another rough season of earnings reports from the sector.The next two weeks will see earnings calls from Meta, Twitter, Tesla, Google and others – and analysts are warning of more slowdowns, as economic headwinds including rising inflation and fears of recession continue. Continue reading... ...

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[Setho]

This is something that I believe is definitely going to happen because the pandemic started unpredictable and you should understand that things like this are definitely going to take time.