From Nasdaq MarketSite:

Investors react positively to Oracle’s quarterly results and guidance, seeing improvement in demand. Adobe’s underwhelming guidance and new buyback authorization disappoint the market. Year-to-date performance shows clear divergence between Adobe and Oracle. Overall, earnings are expected to increase by 2.1% in Q1, with Tech sector leading the growth at 18.5%. Tech sector’s positive growth expected to have a significant impact on the overall earnings picture.



Read more at Nasdaq MarketSite:: 2024 Q1 Earnings Loom: What Can Investors Expect?