We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. Revenue: $76.05 Billion versus $76.07 Billion expectedĭailyFX provides forex news and technical analysis on the trends that influence the global currency markets. Yet, that may not have been enough given the strong rally this past session and the miss on earnings per share. Revenue: $149.2 Billion versus $145.6 Billion expectedįor search titan Google, the take in was actually inline with analysts’ consensus forecast. This company in particular is interesting given its place at crossroads of consumer spending being effected by inflation and soured growth forecasts alongside the ebullience of tech. Revenue: $117.2 Billion versus $121.9 Billion expectedįor top e-commerce company Amazon, the mix between top line and bottom line offered a little more room for doubt by both bulls and bears.
Given the weight this particular stock carries in the Nasdaq 100, it should be the one macro observes should watch the most closely before and during the Friday open.ĮPS (Earnings Per Share): $1.88 versus $1.94 expected Yet, a technically significant development like Google shares gapping sharply higher and closing above the 200-day moving average was a provocative move which would add a speculative skew to the market’s view.Ĭhart of Google with Volume and Gaps (Daily)Īpple earnings were arguably the worst of the three relative to expectations. The rally for META notched a 23 percent charge which seemed to hearten the beleaguered tech sector.
The social media company missed on EPS ($1.75 vs $2.26 expected) but it beat on revenues ($32.2 billion vs $31.5 billion) and announced a sizable stock repurchasing approval. The swell seems to have originated from a combination of the aftermath of the FOMC rate decision the previous day that spurred on ‘risk appetite’ as well as a sympathetic move to the Meta (formerly Facebook). Something remarkable heading into the Thursday afternoon run of earnings releases was the strong bullish performance from Amazon, Google and Apple. Chart of Nasdaq 100 Futures with Volume (5-Minute)
0 kommentar(er)
