The names of the major American technology reported the results of the first quarter on Thursday, as the markets provided something more to chewing alongside all the news related to the tariff.
American stock indicators have increased: DOW recovered 40,000, S & P500 and NASDAQ published gains more than 2 %.
While technology appears to be at the forefront of investor mind at the present time, customs tariffs and trade tensions still lie in the shadows, with Intel Cfo David Zinsner warning that customs tariffs and revenge against other countries have increased the possibility of stagnation.
Also, optimism is that both the United States and China were separated from the trade war that was reduced by China, saying that there were no ongoing trade talks with the United States
US President Donald Trump According to China’s claimsSaying that the commercial talks were ongoing, but they refused to reveal any details about the nature of the talks, which adds to uncertainty about trade.
Well, it appears to be a state of cases, as she said – only at the highest levels of diplomacy among the largest economies of the world. This must maintain the markets on TENTERHOKS.
– Lim Hui J.
What you need to know today
Alphabet shares climb after the best results expected
alphabetThe parent company of Google and YouTube, A stronger growth is reported in the first quarter Thursday after the bell. Alphabet’s research and advertising units still show strong growth despite the high artificial intelligence competition, according to their first profits. a report. The company’s total revenues grew by 12 % on an annual basis, which is above 10 % of the expected Wall Street. The shares increased more than 5 % in post -hours trading.
Intel also publishes the results, but warns of the effect of the tariff
Intel I mentioned The results of the first quarter Thursday, which won the estimates of analysts, but also She issued disappointing instructions. The company warned that revenues in the second quarter will come in lower estimates due to the high uncertainty that the macro environment is driven. Separately, Intel Financial Director David Zixer said President Donald Trump Definitions and revenge on other countries were It increased the possibility of stagnation.
The retail deficiency of the trade war will strike consumers in stages
Warnings of empty stores The headlines were issued, as multiple press reports indicate that The executives of the best retail stores in America told President Trump The long trade war will lead to a shortage. Indeed, a decrease in manufacturing orders from China, and a decrease in Chinese shipping vessels and sailing to the United States surpasses the national supply chain Closer.
Meta puts VR staff in the reality laboratory section
Dead He has Employment of employees There Reality laboratories The division that is assigned to develop virtual reality, augmented reality and relevant devices. The discounts affected an unspecified number of employees working in the department’s Oculus Studios unit, which develops VR and AR games and Meta’s Quest VR, according to a CNBC spokesman. The spokesman said that the employees working to apply the super -nature experimentation of nature were affected.
Energy market technology acquires
The stocks emerged on Thursday Thanks to strong gains in MegacAP technology. the S & P 500 It ended with 2.03 %, while technology is heavy Nasdak He added 2.74 %. the Dow Jon’s industrial average Other indexes left behind, but still added 1.23 %, and a mark was first deteriorated since April 15. In Europe, the Stoxx 600 in Europe has ended 0.38 %, with most sectors in green.
(Pro) Mag 7 is no longer strong
Pioneering market shares in the market Do not hold the same effect They have done once, and this may change the ingredients needed for the Wall Street crowd. the Roundhill wonderful 7 ETF (MAGS) – which holds the MAG 7 shares in almost equal management – has now decreased by 17 % for this year. This is more than twice a decrease of about 7 % in S & P 500.
Finally …
CFOTO | Future publishing Gety pictures
China denies the ongoing tariff talks
China said on Thursday that there are no ongoing discussions with the United States on tariffs, despite the White House indicators this week that there will be some mitigation in tensions with Beijing.
“At the present time, there are absolutely no negotiations on the economy and trade between China and the United States,” a spokesman for the Ministry of Commerce, Yadong, told reporters in Mandarin, a spokesman for the Ministry of Commerce, who told Mandarin correspondents, translated by CNBC. He added that “all sayings” should be rejected regarding progress in bilateral talks.
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