Alphabet & Microsoft Posted Strong Results Amidst AI Face-Off
The two contenders in the generative Artificial Intelligence arena reported solid quarterly results, with Google Cloud finally breaking into profits
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
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The two contenders in the generative Artificial Intelligence arena reported solid quarterly results, with Google Cloud finally breaking into profits
Today’s data showed that CPI inflation moderated to 7% y/y in the first quarter in Australia, not long after the country’s central bank had paused its year-long rate hike cycle
Watch today’s US Open for commentary on the upcoming Big Tech earnings, the renewed banking jitters, the latest ECB-speak and more
The index faces difficulties on the cusp of a bull market, as markets brace for a series of earnings by tech heavyweights, including Facebook-parent Meta Platforms
The regional US bank came under pressure after the failure of Silicon Valley Bank in March and is latest earnings report revealed a 40% slump in deposits during the first quarter
The commodity halted its recent relief-rally with its first losing week since the failure of the Silicon Valley Bank and the ensuing banking turmoil, breaching key technical levels
Facebook-parent Meta reports its latest quarterly results on Wednesday April 26, after a strong start to the year, as it tries to turn things from the hardships of 2022
The tech-heavy index is constrained after last month’s march, with this week’s earning by Netflix & Tesla not helping, as markets contemplate sticky inflation, hawkish Fed and prospects of economic slowdown
Watch today’s US Open for commentary on the quarterly results by Netflix and Tesla, the higher than expected UK inflation, its deceleration in New Zealand and more
The EV giant’s profitability dropped significantly in the first quarter and margins were squeezed, amidst multiple price cuts, but Tesla pushes for higher production over margins
China’s recovery maintains its momentum according to the latest data from earlier in the week, but oil prices slide as markets digest persistent inflation, prospects of recession and monetary policy outlook
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