All eyes are on Big Tech earnings this week, with Microsoft and Google’s parent company, Alphabet, set to report after the bell Tuesday, followed by Facebook owner Meta and Amazon later in the week.
After tech stocks fell 30% last year, with some Big Tech firms faring even worse, 2023 has been a year of recovery in the sector. Alphabet shares have surged nearly 18%, Microsoft has gained more than 15%, and Amazon and Meta are up 21% and 67%, respectively.
