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FXCM’s USBANKS basket dropped yesterday. The basket was down around 9.6% for the day. Shares in JPMorgan Chase and Wells Fargo were down 5% and 6%, respectively.
Elon Musk unveiled its third Masterplan for Tesla, which was focused on cost reduction and efficiency, but was light on specifics and did not include a new affordable car announcement
During the current week of February 6-10, we had high-profile companies such as Disney, reporting their quarterly results, while tech giants threw their has into AI chatbot arena to rival ChatGPT
The entertainment giant lost 1 million subscribers in the last quarter and announced a restructuring plan, which includes cost and jobs cuts
Netflix and Meta Platforms provided encouraging quarterly results, but yesterday’s earnings reports by the rest of the FAANGs (Apple, Amazon, Alphabet) were troubling
Watch this video for insights on this week’s upcoming quarterly results from tech giants Meta Platform, Apple, Amazon and Alphabet, following a challenging 2022
The EV giant delivered strong financial results for Q4, touting strong demand, despite a widening production/delivery gap
The king of the electric vehicle market had a rollercoaster ride in 2022 and markets are now eagerly awaiting the upcoming quarterly earnings, due on Wednesday January 25
NFLX results showed subscriber growth came in better than expected at 7.66m. This was almost 70% than its projection of 4.5m. Wall street had a forecast of 4.6m.
CHN.TECH has benefitted from signals that China’s regulatory clampdown of tech is being relaxed and from the loosening of China’s strict Covid-19 regulations.
The streaming giant had a tough 2022, but managed to react during the second half, so markets eagerly await the latest quarterly results, which are due on Thursday January 19, 2023
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