Microsoft, Alphabet earnings, Bitcoin, PMI data - what's moving markets

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Microsoft, Alphabet earnings, Bitcoin, PMI data - what's moving markets

soared in anticipation of the approval of an ETF in the U.S.. European PMI data pointed to a region heading towards recession, offering the potential for downside surprises in the U.S. equivalent.The week’s deluge of major tech earnings starts later Tuesday, with results due from both Microsoft and Google-parent Alphabet after the closing bell.) is expected to report earnings per share of $2.65 on revenue of $54.

Earnings due from tech giants Microsoft and Alphabet are the highlight of today’s session , but there are also numbers from the likes of Coca-Cola , the largest cryptocurrency by market capitalization, continued to surge in early trade Tuesday on speculation that an exchange-traded Bitcoin fund is imminent.

Numerous reports have emerged this month indicating that the SEC, the country’s gatekeeper, won't appeal the ruling.

 

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