Monthly Archives: April 2023
Nasdaq Leads Wall Street Rally as US Tech Earnings Shine
Written on April 28, 2023 at 5:52 am, by 王建军
The tech-heavy index is up over 2.7% on the day, with companies like Meta Platforms leading the rise Nasdaq led a Wall Street rally driven by robust earnings from US tech firms, despite concerns over US economic growth. Meta Platforms saw the biggest gains after forecasting quarterly revenue above estimates, citing AI’s impact on boostingContinue Reading
Euro Surges on Upward German Growth Forecast, ECB Hawkish Tone
Written on April 27, 2023 at 5:48 am, by 王建军
The euro has received a boost from a combination of hawkish guidance from the ECB and positive economic data in the region The Euro stole the spotlight as it surged to a record high following Germany’s upward revision of its economic growth forecast for 2023. The move is reinforced by positive indicators, including increased industrialContinue Reading
Overall Equities Markets Down Despite Positive Earnings Season
Written on April 27, 2023 at 3:12 am, by 王建军
Markets are risk-off due to fear of contagion from First Republic Bank’s imminent collapse Earnings season is ramping up, with results have been much better than market’s expectations. Tech stocks are leading with a 0.64% increase in the Nasdaq on Wednesday. Meta shares shot up 12% after the company posted an earnings beat of $2.20Continue Reading
