Traders Brace For NVIDIA Earnings Following Price Crash
NVIDIA Earnings DueToday promises to be an important day for the tech sector with chipmaker Nvidia due to report Q4 earnings after the market closes. The stock plunged more than 6% yesterday, wiping...
Chinese Stocks Soar As PBoC Slashes LPR
PBoC Slashes LPRChinese stocks are surging higher today after the PBoC slashed its 5yr LPR rate to 3.95%. The .25% reduction marks the first LPR cut since June and the largest reduction since the bank...
Chinese Stocks Rallying on Stimulus Hopes
CPI & PPI Fall AgainFurther signs that the Chinese economy is in trouble were seen overnight with the latest CPI reading marking the fastest decline in 15 years. CPI printed -0.8% last month, down...
Uber Posts First Annual Profit
Fresh Earnings BeatShares in Uber are trading a touch softer ahead of the US open today. The stock was seen rallying around 6% yesterday ahead of Q4 earnings which came out after the bell. Uber posted...
Meta-Watchers Brace For Q4 Earnings
Nasdaq Pulls BackOn the back of the Alphabet and Microsoft reporting earlier this week, the focus moves back onto big tech names today with Apple, Meta and Amazon all reporting Q4 results. The Nasdaq...
Tough Day For Google Parent Company
Alphabet Sinks Despite Earnings BeatThe harsher nuances of equities trading confronted tech bulls yesterday. Both Alphabet and Microsoft saw their stock prices plunging despite better-than-forecast...
Tesla Earnings DueAs Tesla gears up to announce its Q4 earnings later today, the stock is sitting around 30% down from the 2023 highs recorded last summer. The undershoot on Q3 earnings put an end to...
Alphabet Rallying Despite Fed Rates Pushback
Tech Rally ContinuesAlphabet Shares in Google’s parent company Alphabet are trading higher ahead of the open on Friday. US stocks have been broadly firmer on the back of better-than-forecast labour...
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