Are the days of impressive earnings and soaring stock prices for tech giants coming to an end? Netflix and Alphabet have recently reported their latest earnings, and the results were underwhelming for many investors. But what's really going on behind the scenes?
The stock market took an unpredictable turn on Monday, finishing with a mix of gains and losses as investors braced themselves for a pivotal week ahead. The Dow experienced a 1% decline, while the S&P 500 and NASDAQ eked out minor gains. What's driving this choppy trading? The answer lies in the eagerly awaited decisions of the Federal Reserve and the earnings reports from several mega-cap technology companies.
Are you ready for a financial upswing? Asian equity markets have bounced back from last week's downturn with vigor, signaling a promising start to the second half of the year. What's driving this momentum? Let's dive in.
Are you ready for a rollercoaster week in the world of business and finance? From the Federal Reserve's monetary policy decisions to the earnings reports of tech giants, here's what you need to keep an eye on in the coming days.
The stock market took a tumultuous turn on Thursday, leaving investors puzzles as the S&P 500 and NASDAQ failed to regain the ground lost in previous sessions. The tech-triggered selloff led to a decline, with the Dow adding a mere 2/10 of a percent, the S&P losing half a percent, and the NASDAQ falling more than 9/10 of a percent. Despite being up for most of the session, driven by stronger than expected second quarter GDP data, mega cap stocks like Meta Platforms, Microsoft, and Nvidia succumbed to the pressure and ended the day lower. What's next for these indices, and how will the earnings reports shape the market's trajectory?
In the dynamic world of Wall Street, the earnings reports of tech titans can send ripples through the market. On Tuesday, US stocks experienced a slight downturn as investors eagerly awaited the financial updates from two industry giants: Tesla and Alphabet. The Dow and S&P 500 each dipped by over a tenth of a percent, while the NASDAQ saw a slightly smaller decline. As the clock struck closing, Tesla's shares had already fallen by 2%, only to drop further in after-hours trading.