Microsoft & Alphabet Delivered Robust Q2 Results as the AI Battle Intensifies
The two rivals in the Artificial Intelligence (AI) arena reported overall strong results on Tuesday, although Microsoft’s forward guidance disappointed markets
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The two rivals in the Artificial Intelligence (AI) arena reported overall strong results on Tuesday, although Microsoft’s forward guidance disappointed markets
Watch today’s US Open for insights China’s economic support pledge, the Fed’s upcoming policy decision, Big Tech earnings and more
After a losing week, NAS100 is subdued as markets brace for the Fed and earnings from tech giants Alphabet, Microsoft and Facebook-parent Meta Platforms
The social media giant is having a very good year, with improved financials, cost cutting measures and a renewed focus on Artificial Intelligence. However, pitfalls still loom, ahead of the July 26 Q2 earnings
The US Fed makes another pivotal policy decision on Wednesday July 26, following last month’s hold and not long after the latest US CPI report that showed a deceleration in inflation
Watch today’s US Open for insights on the quarterly results from Tesla and Netflix, the soft CPI report from the United Kingdom and more
After last year’s adversities, the streaming giant changed key aspects of its business, with password sharing crackdown and the ad-supported tier, which boosted subscriptions and revenues according to Wednesday’s results
The SPX500 has a strong tailwind and underlying momentum. However, the index does exhibit signs of froth that will need to be cleared.
Effectively we saw profits surging at JPMorgan Chase (JPM.us) and Wells Fargo (WFC.us) on Friday, posting profits of 67%and 57% respectively, in large part due to net interest income. Bank of America (BAC.us) kept up with the momentum yesterday, which saw profits increase by 19%.
Watch today’s US Open for insights on the latest disappointing data from China, upcoming UK inflation release and highly anticipated earnings from Tesla and Netflix and more
The US2000 has a positive momentum and is contributing to the stock market bull run.
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