US Earnings Wrap
Wrap of the significant companies over US earnings season
Equities remained heavy overnight despite Apple and Amazon beating analysts expectations as long-term yields test levels not seen in 16 years, ahead of tonight’s US employment numbers
Confession season is upon us!
A steady flow of ASX listed company earnings is due this week
Who will shine and who will disappoint?
Equities dropped overnight, as an AMD-fueled slump in tech and the Fitch Ratings downgrade of U.S debt weighed on investor sentiment.
The S&P500 and Nasdaq closed weaker on Tuesday, the first day of seasonally slow August, ahead of U.S. jobs data and major companies’ earnings reports later this week.
Equities closed higher Monday to wrap up a fifth-straight positive month for July after shrugging off a dip in health care as energy stocks racked up gains.
ASX experiences a mixed day as energy stocks rise, contrasting losses in the materials sector, amid dynamic brokerage activity and notable company value adjustments.
This week’s wrap-up highlights the cautious AI rally, top US earnings picks, investor strategies, Wall Street CEO economic perspectives, Australian job market trends, and an overview of market happenings. Discover more inside.
Unearth the trends of ASX, the rivalries in AI, the shifts in metals market, and changes at the RBA. Decode your financial universe, one piece at a time.
ASX experienced a day of contrasts, with an initial rally driven by Chinese stimulus hopes, dampened by persistent investor concerns over looming inflation and upcoming U.S. CPI data.
Equities rebounded Monday, bracing for key inflation data ahead of Federal Reserve’s policy meeting, despite market fluctuations and inflation concerns.