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Market eyes AI earnings ahead as tech sector guidance remains strong

The Motley Fool +1 ·

GOOG Alphabet Inc
$344.59 +0.22%
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AMZN +1.95% META -0.41%
  1. 1The S&P 500 declined 0.4% in September.
  2. 244 tech companies were identified providing positive Q3 EPS guidance.
  3. 3Amazon's custom chip business recorded an annualized revenue run rate of over $25 billion in the recent quarter.

So what's the key point?

44 tech companies reported that their future earnings are expected to be good. Amazon's custom chip business recorded an annualized revenue run rate of over $25 billion.

Source The Motley Fool +1 · View original ↗

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