{"id":44499,"date":"2023-08-04T12:44:06","date_gmt":"2023-08-04T16:44:06","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/amazon-isnt-everything-a-grim-stock-market-bellwether-flashes-red-for-tech\/"},"modified":"2023-08-04T12:44:08","modified_gmt":"2023-08-04T16:44:08","slug":"amazon-isnt-everything-a-grim-stock-market-bellwether-flashes-red-for-tech","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=44499","title":{"rendered":"Amazon Isn’t Everything. A Grim Stock Market Bellwether Flashes Red for Tech."},"content":{"rendered":"
\n
<\/p>\n
<\/p>\n<\/figure><\/div>\n

Earnings from Big Tech may be adding buoyancy to U.S. stocks on Friday, but a key stock market bellwether from across the Atlantic could be indicating wavering health in the U.S. technology sector.<\/p>\n

While earnings reactions from
\n Apple
\n (ticker: AAPL) and
\n Amazon
\n (AMZN) are in focus in the U.S., across the pond in London the focus is on advertising giant
\n WPP
\n (
\n WPP
\n ). As the world\u2019s largest advertising agency, its results can be a bellwether for the global economy and specific sectors alike.<\/p>\n

\n

Shares in WPP have plunged 6.8% on the back of the company\u2019s first-half results. WPP slashed its full-year outlook and revealed that revenue growth lagged in the U.S.\u2014as a result of weakness from spending by tech companies.<\/p>\n

\u201cOur performance in the first half has been resilient with second quarter growth accelerating in all regions except the USA, which was impacted in the second quarter by lower spending from technology clients and some delays in technology-related projects,\u201d said WPP CEO Mark Read.<\/p>\n

Technology investors should take note.<\/p>\n

When times are tough, companies often trim ad budgets first, so reports from WPP can include early signs of a sector slowdown. <\/p>\n

That may be exactly what WPP is signaling for U.S. tech, which has been on a tear so far this year with the
\n Nasdaq
\n up 33% and tech stocks lifting the
\n S&P 500.<\/span>\n <\/p>\n

Write to Jack Denton at jack.denton@barrons.com<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Earnings from Big Tech may be adding buoyancy to U.S. stocks on Friday, but a key stock market bellwether from across the Atlantic could be indicating wavering health in the U.S. technology sector. While earnings reactions from Apple (ticker: AAPL) and Amazon (AMZN) are in focus in the U.S., across the pond in London the […]<\/p>\n","protected":false},"author":1,"featured_media":37343,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-44499","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"\nAmazon Isn't Everything. A Grim Stock Market Bellwether Flashes Red for Tech. | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Earnings from Big Tech may be adding buoyancy to U.S. stocks on Friday, but a key stock market bellwether from across the Atlantic could be indicating\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=44499\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Amazon Isn't Everything. A Grim Stock Market Bellwether Flashes Red for Tech. | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Earnings from Big Tech may be adding buoyancy to U.S. stocks on Friday, but a key stock market bellwether from across the Atlantic could be indicating\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=44499\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-04T16:44:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-04T16:44:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/07\/1689702756_social.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=44499#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=44499\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Amazon Isn’t Everything. A Grim Stock Market Bellwether Flashes Red for Tech.\",\"datePublished\":\"2023-08-04T16:44:06+00:00\",\"dateModified\":\"2023-08-04T16:44:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=44499\"},\"wordCount\":257,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=44499#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=44499\",\"url\":\"https:\/\/ifintechworld.com\/?p=44499\",\"name\":\"Amazon Isn't Everything. A Grim Stock Market Bellwether Flashes Red for Tech. | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-08-04T16:44:06+00:00\",\"dateModified\":\"2023-08-04T16:44:08+00:00\",\"description\":\"Earnings from Big Tech may be adding buoyancy to U.S. stocks on Friday, but a key stock market bellwether from across the Atlantic could be indicating\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=44499#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=44499\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=44499#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Amazon Isn’t Everything. A Grim Stock Market Bellwether Flashes Red for Tech.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Amazon Isn't Everything. A Grim Stock Market Bellwether Flashes Red for Tech. | iFintechWorld","description":"Earnings from Big Tech may be adding buoyancy to U.S. stocks on Friday, but a key stock market bellwether from across the Atlantic could be indicating","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=44499","og_locale":"en_US","og_type":"article","og_title":"Amazon Isn't Everything. A Grim Stock Market Bellwether Flashes Red for Tech. | iFintechWorld","og_description":"Earnings from Big Tech may be adding buoyancy to U.S. stocks on Friday, but a key stock market bellwether from across the Atlantic could be indicating","og_url":"https:\/\/ifintechworld.com\/?p=44499","og_site_name":"iFintechWorld","article_published_time":"2023-08-04T16:44:06+00:00","article_modified_time":"2023-08-04T16:44:08+00:00","og_image":[{"width":1280,"height":640,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/07\/1689702756_social.jpeg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=44499#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=44499"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Amazon Isn’t Everything. A Grim Stock Market Bellwether Flashes Red for Tech.","datePublished":"2023-08-04T16:44:06+00:00","dateModified":"2023-08-04T16:44:08+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=44499"},"wordCount":257,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Markets"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=44499#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=44499","url":"https:\/\/ifintechworld.com\/?p=44499","name":"Amazon Isn't Everything. A Grim Stock Market Bellwether Flashes Red for Tech. | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-08-04T16:44:06+00:00","dateModified":"2023-08-04T16:44:08+00:00","description":"Earnings from Big Tech may be adding buoyancy to U.S. stocks on Friday, but a key stock market bellwether from across the Atlantic could be indicating","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=44499#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=44499"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=44499#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Amazon Isn’t Everything. A Grim Stock Market Bellwether Flashes Red for Tech."}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/44499","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44499"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/44499\/revisions"}],"predecessor-version":[{"id":44500,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/44499\/revisions\/44500"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/37343"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}