Weekly Wrap For The Week Ending July 29th, 2022

Weekly Wrap For The Week Ending July 29th, 2022

over 1 year ago1 min

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Key takeaways from this week:

  • Microsoft, Alphabet and Meta reported disappointing results but Amazon and Apple finished off big tech's earnings season by bucking that trend
  • Consumer staples giants Unilever and Coca-Cola reported strong results as consumers continued to shrug off their higher prices
  • The US economy shrank again last quarter, meaning that – after months of speculation – the country has now entered a technical recession

And if you're gonna read one insight this week, make it this one looking at a way you can profit this earnings season.



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