Stock market is bleeding: what do you need to know
The so-called “stock market bloodbath” has continued on Friday with major indices falling down to the lows of the last October. What's going on?
Stocks of technological companies fell, pay attention to earnings
Yesterday, the US Justice Department announced a broad antitrust review into whether the big technological companies, such as Facebook and Google, use their powers to disrupt competition. As a result, the stocks of Alphabet, Amazon, and Facebook fell. 📈 Not all the news were disappointing, though, as the earnings report of Coca-Cola encouraged bulls.
Wait for more earnings reports this week and trade stocks with FBS in Metatrader 5!
July 24, Before market opens
- Intel
EPS forecast: 0.9
Revenue forecast: 15.69B
- ATT
EPS forecast: 0.89
Revenue forecast: 44.85B
July 24, After market closes
EPS forecast: 1.88
Revenue forecast: 16.5B
- Tesla
EPS forecast: -0.4
Revenue forecast: 6.41B
- Ford
EPS forecast: 0.31
Revenue forecast: 35.07B
July 25, Before market opens
- HP
EPS forecast: 0.35
Revenue forecast: 690.27M
EPS forecast: 11.33
Revenue forecast: 38.17B
July 26, Before market opens
- Mcdonalds
EPS forecast: 2.05
Revenue forecast: 5.33B
Remember that higher figures will be appreciated by bulls.
Similar
What is pulling the stocks down?
Besides coronavirus, other news has been driving the stocks of Apple, Wallmart and General Motors to the lower levels.
Important events on February 17-21
Will coronavirus continue keeping the markets in fear? What releases should we wait for? Find out in the news!
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