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Markets brace for avalanche of Big Tech earnings


Markets brace for avalanche of Big Tech earnings
Tesla, Google parent Alphabet, Microsoft, Apple, Facebook and Amazon are all slated to report quarterly numbers next week as US earnings reason reaches its peak
US earnings season will reach its peak next week as some of the world’s biggest tech company’s prepare to deliver quarterly earnings.
First up on Monday will be Tesla Inc (NASDAQ:TSLA), with the electric car maker coming off a strong 2020 that saw it turn a yearly profit for the first time and enter the S&P 500.
However, the company and its billionaire boss Elon Musk will have little time to relax as the company looks to scale up and retain its profits amid increasing competition from both established automakers and other tech companies. The company is also currently embroiled in a PR storm after one of its Model S electric vehicles crashed into a tree and burst into flames in Texas, resulting in the death of two men inside, with local police saying no-on ....

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