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Tech Stocks Rebound As Magnificent 7 Roar On Strong Earnings, Energy Giants Tumble: What’s Driving Markets Friday?

By Piero Cingari
April 26, 1:45 PM
Strong earnings reports from Alphabet Inc. (NASDAQ:GOOGL) and Microsoft Corp. (NASDAQ:MSFT) have restored positive sentiment in the market, sweeping away fears of increasing risks of stagflation that had

ABBV

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Stocks Drop, Tech Tumbles With Meta’s Weak Outlook, Q1 Stagflation Fears; Gold Miners Advance: What’s Driving Markets Thursday?

By Piero Cingari
April 25, 1:30 PM
Wall Street suffers a double blow in Thursday’s session, as softer-than-expected revenue forecasts from Meta Platforms Inc. (NASDAQ:META) are being compounded by weaker-than-expected economic growth and higher inflationary pressures last quarter, raising fears of a stagflation phase

AZN

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Magnificent 7 Tumble, Wipe Out $300 Billion On Meta’s Weak Guidance, Q1 Stagflation Woes

By Piero Cingari
April 25, 11:35 AM
Tech stocks plummet as Magnificent 7 giants lose $303B in market value. Meta Platforms issues weak guidance, GDP growth slows and inflation rises.

AAPL

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Treasury Yields Rise, Tesla Jumps On Cheaper Model Pledge, Yen Plummets To 34-Year Lows: What’s Driving Markets Wednesday?

By Piero Cingari
April 24, 1:40 PM
Rising Treasury yields have investors cautious despite positive news from the earnings season. The yield on the long-dated 30-year Treasury bond has surged to 4.79%. It’s on track to close at the highest level since early November, ahead of crucial economic data on Thursday.

BA

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1 minute read

Geopolitical Relief Triggers Gold Selloff: Prices Dip Below $2,350 Mark, Mining Stocks Hit Hard

By Piero Cingari
April 22, 4:07 PM
Gold prices declined 2.7% in NY due to reduced geopolitical risks. Silver also fell 5.1%. Israeli officials averted a US-backed counterstrike on Iran, easing tensions. Gains were pared as Iran downplayed strikes and traders await key economic data. Mining stocks also dropped, with GDX and SIL falling over 3%.

AU

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Nasdaq 100 Notches Worst Day Since Late 2023, Worst Week Since Late 2022 As AI-Driven Chipmakers Tumble: Fed Can Take ‘The Rest Of The Year Off’

By Piero Cingari
April 19, 4:29 PM
The Nasdaq 100 index had its worst day since late October 2023, with a 2.1% drop and fourth consecutive week of declines. Tech stocks have been hit hard by mixed earnings, geopolitical risks, and Fed's reluctance for rate cuts.

ASML

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Powell, Middle East Fears Weigh On Tech Stocks, Treasury Yields Hit 5%, Gold Notches Fifth Week Of Gains: This Week In The Markets

By Piero Cingari
April 19, 4:10 PM
The Nasdaq 100’s technology stocks wrapped up their fourth consecutive week in the red, marking their most dismal stretch and sharpest declines since late 2022, as investors opted to pocket profits against a backdrop of mounting concerns over inflation and geopolitical tensions.

BLK