The main American technology names reported their results from the first quarter on Thursday, offering markets something more to chew Bears all the news related to the rate.
The American shares rates recovered: the Dow recovered the level of 40,000, and the S&P500 and Nasdaq recorded profits or around 2%.
Although technology seems to be at the forefront of the minds of investors for now, rates and commercial tensions still lurk in the shadows, with the intel David Zincner CFO warning that the tariffs and reprisals of other countries have increased the hood of A.
In addition, the optimism that so much and China went to the increase in the commercial war that China has decreased by China saying that there were no commercial conversations with the United States.
According to reports, the president of the United States, Donald Trump, refuted China’s claims, saying that commercial conversations were underway, but refused to reveal any detail about the nature of the conversations, which adds to the uncertainty about trade.
Oh, well, it seems that it is a case that he said, he said, only at the highest levels of diplomacy among the largest economies in the world. That must keep the markets in Tennenthooks.
– Lim hii jie
What you need to know today
Alphabet actions rise after the best expected results
Alphabet, the parent company of Google and YouTube, reported a stronger growth than expected the first quarter on Thursday after the bell. Alphabet’s search and advertising units still show strong growth even though the IA competition is heated, according to their first quarter profit report. The general income of the company grew 12% year after year, higher than 10% of Wall Street expected. The shares increased more than 5% in trade off hours.
Intel also publishes results, but warns or tariff impact
Intel reported the results of the first quarter on Thursday that surpassed analysts’ estimates, but also issued a disappointing orientation. The income of the second quarter will be submitted below the estimates due to the high uncertainty promoted by the macro environment, the company warned. Separately, Intel’s financial director David Zincter said that the tariffs and reprisals of President Donald Trump of other countries had increased the probability of a recession.
Retail shortage of the trade war will reach US consumers in stages
The warnings of the empty store shelves have been in the headlines, since multiple press reports indicate that the CEO of the main retail stores in the United States told President Trump that a prolonged commercial war would lead to shortage. Already, a decrease in the manufacturing orders of China, and a fall in the reserves and navigations of Chinese cargo ships to the US. UU. It is exceeding the national supply chain closer to a turning point.
Goal dismisses employees of virtual reality in the Division of Laboratories of Reality
Goal has fired employees in their reality laboratories division that has the task of developing virtual reality, augmented reality and related portable devices. The cuts affected an un specified number of employees who work in the Oculus Studios Unit of the Division, which develops games and reality VR and AR content for the Meta’s Quest VR headphones, a company spokesman said to CNBC. The employees who work in the Supernatural VR training application were affected, said the spokesman.
Technology gains energy markets
The stock appeared on Thursday thanks to strong profits in the technological names of Megacap. The S&P 500 ended with 2.03%, while the heavy Nasdaq compound in technology added 2.74%. The Dow Jones Industrial Avenge delayed the other two indexes, but still added 1.23%, and resumed the 40,000 mark for the first time since April 15. In Europe, the Stoxx 600 Paneuropeo Index provisionally ended 0.38%, with most sectors in the sectors.
[PRO] Mag 7 is no longer so powerful
The main technological actions in the market do not have the same influence as once, and that can change the necessary ingredients for a Wall Street rally. The magnificent 7 ETF (MAGS) of Roundhill, who has MAG 7 shares to approximately equal measure, has now dropped 17% during the year. That is more than double the fall of almost 7% in the S&P 500.
And finally …
Cfoto | Future publication | Getty images
China denies that tariff conversations are underway
China said Thursday that there were no ongoing discussions with the US.
“At present, there is absolutely no negotiation on the economy and commerce between China and the United States,” said the Ministry of Commerce, He Yadong to Mandarin journalists, translated by CNBC. He added that “all sayings” regarding progress in bilateral conversations must be discarded.
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