Tech giants beat lowered earnings expectations

sea.mashable.com

Meta, Reddit, and Apple reported strong earnings, exceeding expectations despite economic headwinds and tariff threats. Analysts lowered expectations due to tariffs, valuations, and economic uncertainty, making it easier for these tech giants to surpass projections with significant year-over-year revenue growth. Apple's iPhone sales and Reddit's licensing deals contributed to their success, though tariffs are estimated to cost Apple over a billion dollars this quarter.


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Tech giants beat lowered earnings expectations | News Minimalist