Intuit (INTU) and Zoom (ZM) poured a bucket of cold water on the market with their latest earnings reports. After both companies issued revenue guidance well below market expectations, trading in the premarket session immediately saw a sharp plunge.
Data shows that INTU was down more than 10% at one point premarket, while ZM was also down 5.3%. This is not an isolated case, either. In recent weeks, many tech stocks have been sold off after their earnings reports when their guidance failed to meet expectations, suggesting that investors’ outlook for future growth has become more cautious.
Against the current macro backdrop, investors increasingly demand greater certainty in performance. Once a company cannot deliver growth commitments that meet expectations, capital will “vote with its feet.” Under these circumstances, stock selection should focus even more on earnings stability—avoiding blindly chasing high valuations in stocks whose growth fails to meet expectations.
#美股 #Earnings report
Data shows that INTU was down more than 10% at one point premarket, while ZM was also down 5.3%. This is not an isolated case, either. In recent weeks, many tech stocks have been sold off after their earnings reports when their guidance failed to meet expectations, suggesting that investors’ outlook for future growth has become more cautious.
Against the current macro backdrop, investors increasingly demand greater certainty in performance. Once a company cannot deliver growth commitments that meet expectations, capital will “vote with its feet.” Under these circumstances, stock selection should focus even more on earnings stability—avoiding blindly chasing high valuations in stocks whose growth fails to meet expectations.
#美股 #Earnings report