Disney Slumped Post-Earnings, but Better Days Likely Ahead
The stock dropped nearly 10% on Wednesday, despite strong quarterly results, as markets likely focused on poor linear networks performance and underwhelming near-term guidance
Page 16 of 125
The stock dropped nearly 10% on Wednesday, despite strong quarterly results, as markets likely focused on poor linear networks performance and underwhelming near-term guidance
The tech-heavy index consolidates its recent advance as investor await earnings from Amazon and Apple, as well as the Fed’s monetary policy decision
The pair hit the highest levels since late-1986 after Friday’s BoJ policy decision and hot US inflation, but slides from the peak, sparking speculation around possible intervention from Japanese authorities
The tech giant is having a tough period that reflect on its stock, which is close to bear territory, ahead of the May 2 earnings report
Price cuts and an sales decline delivered a blow to Tesla’s top and bottom lines, but Mr Musk offered accelerated timelines for cheaper models and promised robotaxis
Oil prices slip as fears over an Iran-Israel conflict subside, after the latter’s reported strike back
The tech-heavy index is exposed to key tech levels, weighed by risk-off mood and hawkish repricing around the Fed’s rate cut prospects
The better than expected growth data from China can’t stop the slump of HKG33, as risk aversion prevails following the new Middle East flare-up
The Iranian strike on Israel raises the risk of supply disruptions that could drive prices higher, but for now markets seem to keep their cool
The pair drops after the European Central Bank laid the groundwork for upcoming rate cuts, while pricing for a Fed move is pushed beyond summer following the hot CPI report
US inflation accelerated according to Wednesday’s data, which raise the bar for a Fed pivot, while the Bank of Canada opened the door to a June cut
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.