Stock market news: Investors eye Big Tech earnings, US GDP growth

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Business News News

US stocks rise as Big Tech earnings stay strong and US GDP growth slows

US stocks edged higher on Thursday as corporate earnings for mega-cap tech remained upbeat while US GDP growth came in below forecasts.beat Wall Street's estimates.

Meta followed strong earnings from Alphabet and Microsoft as well. in the first three months of 2023, adding to concerns that a recession may be around the corner.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market news: Bank worries continues, big tech earnings on deckUS stocks drop as First Republic revives bank worries and investors await big tech earnings
Source: BusinessInsider - 🏆 729. / 51 Read more »

Why the broader U.S. stock market has ‘a lot riding’ on Big Tech earningsA small group of technology giants have fueled U.S. stock-market gains this year, creating high anticipation for their soon-to-be-released earnings reports. “There is a lot riding on Big Tech earnings this week, and the names reporting have a near term track record of delivering disappointing resul
Source: MarketWatch - 🏆 3. / 97 Read more »

Big Tech stock rally is over but equity market will still rise: expertThe Big Tech stock rally is over for now – but the equity market could still approach record highs this year, veteran investor says
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock market today: Global shares up ahead of US GDP updateAsian shares mostly rose Thursday, despite lingering worries about the U.S. banking sector and inflationary pressures that weighed on investor sentiment.
Source: wjxt4 - 🏆 246. / 63 Read more »

Meta Platforms stock rallies on results, Mobileye Global stock sinks and other stocks on the moveCaterpillar and Merck & Co’s stock rise after reporting quarterly results.
Source: MarketWatch - 🏆 3. / 97 Read more »