Summary : Dire warnings in June that earnings were about to collapse due to an imminent, and severe, recession have not materialized. Refinitiv Communication Services are also seeing a decline in earnings expectations, led by Netflix and Meta (Facebook). However, other stocks in the sector, such as Walt Disney, are seeing earnings estimates move higher. Refinitiv Technology, by contrast, has seen only a modest decline in earnings expectations and will likely be bolstered by Apple’s earnings:
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