Better Days Ahead: HPE, NetApp, Salesforce, Okta and CrowdStrike to Report Earnings This Week

Join Us Now

I prefer to look at markets from a โ€œglass half fullโ€ perspective. When I have a choice between optimism and pessimism, Iโ€™ll usually pick optimism. Buying while others are selling can be a good investment strategy, even when it requires nerves of steel. That said, I believe weโ€™ll see some encouraging news from earnings reports this week. The headlines might not be spectacular, but sometimes good is good enough.

Earnings, writes Al Root of Barronโ€™s, โ€œwill be light, but thereโ€™s still some high-profile reports to watch. On Tuesday, GlobalFoundries Hewlett Packard Enterprise NetApp , and Salesforce.com report results. CrowdStrike Holdings Okta, Snowflake, and Splunk report on Wednesday. DocuSign Dollar General Kroger Marvell Technology Ulta Beauty headline Thursdayโ€™s earnings reports.โ€

Writing for CNBC, Brock Ladenheim of TipRanks.com sees strength in Dell Technologies and Analog Devices, two companies that have also benefitted greatly from the increasing demand for tech.

As Iโ€™ve said and written before, technology is fueling our global economy. As a result, itโ€™s not surprising that tech firms are also driving financial markets. Some people will see this as more evidence of the divide between โ€œWall Streetโ€ and โ€œMain Street,โ€ but I see it as a fair representation of the broader synergies between technology and everyday life.

Letโ€™s face it, our dependance on technology is real. From my perspective, this is no clear boundary line between the tech economy and the โ€œregularโ€ economy โ€“ at this point, theyโ€™re one and the same. When the tech industry does well, we all benefit. Itโ€™s like the old saying, โ€œa rising tide lifts all boats,โ€ except that in this case, the tide is generated by technology.

Join Us
Register to join our Executive Leadership Network & Newsletter.








Powered by
Verified by MonsterInsights