Five Big Tech companies with a combined market value of more than $10 trln will report earnings this week in a “critical season.” All eyes are on Microsoft, Google-parent Alphabet, facebook’s Meta
By Craig Erlam US economic data was surprisingly strong on Wednesday, with both the services and manufacturing PMIs comfortably exceeding expectations and reinforcing the message that the economy is in good shape,
By Craig Erlam Stock markets traded a little in the red on Tuesday, with investors eyeing earnings results – including Netflix – and the result from the Republican presidential primary. Equities traded
Wall Street’s S&P 500 reached its first record close in more than two years on Friday, closing at 4,839.81 and surpassing the prior record close of 4,796.56 on January 3, 2022. Yet,
Geopolitics always played a role in the global economy long before the Great War. However, since the end of the Cold War, its significance was almost undermined and economists and policy makers
By Craig Erlam Stock markets were modestly higher on Thursday, recovering some of Wednesday’s losses as investors seemingly struggle to determine where things stand. There’s a desperate desire to cling on to
Markets’ jittery start to 2024, after coming off a strong pan-markets year-end rally, underscores that investors must avoid complacency, warns the CEO of one of a leading independent financial advisory and fintech.
By Craig Erlam An exceptional end to the year has left markets with a lot to live up to in 2024, with huge rate cuts and a soft landing now among the
The five worst-performing S&P 500 stocks in 2023 – Enphase Energy, FMC Corporation, Moderna, Dollar General and Pfizer – have collectively lost a whopping $207 bln in stock value, according to data
After losing hundreds of billions of dollars in 2022, the third-hardest year for the tech sector since 2008, the ‘big five’ tech giants showed impressive performance in 2023, helping them grow their
