Meta has shattered all expectations for its second quarter earnings, surpassing Wall Street projections by an impressive $1 billion, according to StockApps.com. The Facebook parent has once again proven its dominance in the
By Naeem Aslam Thursday’s focus is going to be more on the US weekly unemployment claims data. This number has started to gather a lot of attention among traders as they continue
By Craig Erlam It’s shaping up to be quite a relaxed end to the week, one in which we’ve seen stellar gains on the back of encouraging inflation data from the US.
Artificial Intelligence (AI) stocks should now be part of most investors’ portfolios as Big Tech prepare for an AI boom, suggests the CEO and founder of a leading financial advisory and fintech,
By Lukman Otunuga, Senior Research Analyst at FXTM Most Asian equities flashed red on Tuesday, pressured by losses in Chinese shares as investors evaluated China’s re-opening story in the face of negative
With Microsoft, Alphabet, Amazon and Meta all reporting their earnings this week, investors are switching their attention from banks to Big Tech, said the CEO of a leading independent financial advisory and
Investor focus is set to shift from inflation to earnings season, starting Friday with JPMorgan Chase, Citigroup and Wells Fargo, as it will give us more insight about a forthcoming recession, says
By Craig Erlam We’re seeing plenty of caution in the markets this week which is perhaps not entirely surprising given what lies ahead. Earnings season isn’t going as well as hoped and
By Lukman Otunuga, Senior Research Analyst at FXTM The next few days promise to be wild and incredibly eventful for financial markets thanks to a string of central bank decisions, earnings from
By Edward Moya US stocks were selling off on Monday in what will be a massive week of corporate earnings, three major central bank rate decisions (FOMC, ECB and BoE), and an
