Stocks of technological companies fell, pay attention to earnings

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

  •  Facebook

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

  •  Google

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.


Apple event surprised traders
Apple event surprised traders

Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.

Latest news

Market Crash Incoming?
Market Crash Incoming?

This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.

What Currency Will Overperform?
What Currency Will Overperform?

S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.

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