What is US Earnings Season?The US earnings season, which happens quarterly, is a key focus point for traders. During this period, companies unveil their financial performance over the prior quarter,...
Nasdaq Falls as Tech Stocks See Tricky Start to Earnings Season
USD RecoveringThe US Dollar is extending gains on Friday, with the Dollar index on course to end the week around 1.5% higher, as of writing. The rebound comes on the back of a fortnight of heavy...
Tesla Investors Worried By Narrowing Margins
Tesla Lower Following EarningsTesla shares are down pre-market today following the company’s latest earnings report yesterday. Despite both EPS and revenues coming in above forecasts, investors were...
Meta Rallies As ChatGPT Rival Launches
Lllama Launch Drives Shares HigherShares in Meta are trading higher ahead of the US open today as investors respond to the launch of the group’s ChatGPT and Bard rival, Llama. An AI competitor has...
FTSE Soaring As BOE Rate Bets Cool On Falling Inflation
FTSE Higher As CPI FallsThe FTSE is seeing a wave of strong buying today in response to the latest UK inflation data this morning. UK CPI was seen falling last month, with headline CPI cooling to 7.9%...
Nasdaq Breaking Out As Fed Rate Bets Shift
Stocks Rally on CPI DropThe Nasdaq is trading at its highest level since early 2022 this week as the index continues to rally against the backdrop of a weaker US Dollar. The index is now up almost 5%...
Meta Rally Continues As Threads New Users Soars
Threads Users SoaringMeta is trading higher again today ahead of the open as focus stays on the continued growth in popularity of new social media app Threads. The app, launched last week, has been...
Tesla Losing Market Share in China As Price Wars Heat Up
Lower Start for TeslaShares in Tesla are trading a little lower ahead of the open on Monday. Following a breakout to fresh highs for the year last week, prices have since cooled wit the stock now...
Meta Shares Rally on Threads Launch
Threads Takes on TwitterShares in Meta are trading higher today ahead of the open as the stock receives a bullish boost from the launch of new Twitter rival Threads. The new app, which takes its users...
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