When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
Tech sector suppresses European equities on busy earnings day
On Friday, European stocks were led lower by tech equities because they tracked losses among global counterparts, reacting to an earning miss at Amazon. Meanwhile, a flurry of company results didn’t managed to ensure support.
The region's tech index, this year’s number one performer, lost 1.5%, assisting to put pressure on the pan-European STOXX 600, making it lose 1.1%. In the UK the FTSE 100 sank 0.5%, while lately penalized by a strong euro export-orientated German blue-chips went down 0.7%.
The STOXX is braced for concluding the month down 0.3%, with a weekly 0.5% dip.
France’ data disclosed that the euro zone's second-largest economy inched up 0.5%, just as expected, underpinned by a soar in exports.
As Thomson Reuters IBES data states, nearly 40% of companies in the MSCI Europe index have posted outcomes with 52%, thus defying earnings estimates. As for second-quarter earnings surge, it will probably account for 19.7%.
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
On Wednesday, September 22, Microsoft will be holding a product launch. The event starts at 18:00 GTM + 3.
Mester (Fed) says the Fed will have to raise rates again this year. However, the US dollar index shows signs of a short-term decline. Read the full article and learn more!
Welcome to the first week of October! As usual, at the start of the week, we are looking for valuable insights that will bring us profits in trading. Let’s observe the main events.
Inflation in Europe was released better than the forecast. The preliminary fact was published at 4.3%. What's happening in the markets?