The US authorities filed a lawsuit against Facebook - what are the implications?
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
EPS forecast: 0.9
Revenue forecast: 15.69B
EPS forecast: 0.89
Revenue forecast: 44.85B
July 24, After market closes
EPS forecast: 1.88
Revenue forecast: 16.5B
EPS forecast: -0.4
Revenue forecast: 6.41B
EPS forecast: 0.31
Revenue forecast: 35.07B
July 25, Before market opens
EPS forecast: 0.35
Revenue forecast: 690.27M
EPS forecast: 11.33
Revenue forecast: 38.17B
July 26, Before market opens
EPS forecast: 2.05
Revenue forecast: 5.33B
Remember that higher figures will be appreciated by bulls.
Russian media companies are complaining that Youtube and Facebook block them. So sad. Now, what about the stock price?
Have you seen the Tesla stock price? But it has already dropped from that high... will it move up again?
S&P 500 skyrocketed to the all-time high on optimism that Biden’s fiscal stimulus will support economic growth and boost corporate earnings.
PMI reports from the EU, the UK, and the USA will be released during the day!
The European Central Bank will publish the monetary policy statement with the interest rate decision on January 21, at 14:45 MT time.