US Open– 09 May 2023 (Video)
Watch today’s US Open for commentary on EUR/USD and NAS100 after Friday’s strong US jobs report and ahead of the US CPI inflation report, Apple’s outlook after its recent quarterly results and more
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Watch today’s US Open for commentary on EUR/USD and NAS100 after Friday’s strong US jobs report and ahead of the US CPI inflation report, Apple’s outlook after its recent quarterly results and more
NAS100 rose on Friday as markets viewed the solid employment report as a sign against recession, also helped by tech earnings and easing banking fears, but is cautious today as upcoming inflation figures loom
Despite reassurances from financial regulators and bankers such as Jamie Dimon that the banking system remains strong, uncertainty continues to impact the banking industry. Shares of PacWest Bank, a smaller regional lender, dropped by almost 50% after confirming reports that it was considering "strategic options," including the possibility of selling the company.
Overall Revenue dropped for the quarter ended April 1, but iPhone sales increased against the industry’s shipments squeeze, supporting Apple’s top line
Sales of gaming console Playstation5 hit record highs in Fiscal 2022 as today’s release showed, as Microsoft Xbox seems to struggle and UK regulator blocked the acquisition of Activision
Watch today’s US Open for commentary on the strong quarterly results by tech heavyweights, the persistent fears over the health of the financial system, the latest GDP figures from the US and more
Banking fears creeped back in after First Republic disclosed massive deposit outflows. This weighed on the Index, but strong Big Tech results help the tech heavy-Index, ahead of PCE inflation update
The Facebook and Instagram parent company posted strong financials and users metrics, as it continues its effort to become more efficient and catch up on AI
The Competition and Markets Authority stated in a press release that the acquisition would limit innovation and choice for U.K. gamers in the future.
The two contenders in the generative Artificial Intelligence arena reported solid quarterly results, with Google Cloud finally breaking into profits
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
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