Before the US stock market opened, after Intuit (INTU) and Zoom (ZM) released their latest earnings reports, both companies’ earnings guidance came in far below market expectations, causing their share prices to plunge directly in pre-market trading.

As of now, INTU is down more than 10% pre-market, and ZM is also down 5.3% pre-market. The earnings results of these two tech companies once again confirm the market’s cautious stance toward companies’ future earnings expectations. Even for technology stocks whose results have already been reported, if guidance falls short of expectations, they still face direct sell-offs from investors.

Amid macroeconomic uncertainty, the divergence during earnings season continues. Going forward, investors should remain on guard against further knock-on effects triggered by more results that disappoint expectations.

#美股 #财报 #TradFi