Itau BBA analysts have recommended shorting both Amazon and Apple as their earnings reports approach. This move is in response to the high market anticipation surrounding the upcoming financial disclosures, which could have a significant impact on stock performance.
The analysts' concerns stem from potential underperformance due to economic challenges and competitive pressures in the retail and technology sectors.
Investors are advised to closely monitor the earnings season, as the results from these tech giants may influence broader market trends.