The market fell Thursday after both Meta and Microsoft reported they spent a lot on AI data centers in the past quarter, a bad sign to come for the remaining Mag Seven stocks. Investors are digesting Amazon's earnings and Apple's revenue and earnings beat. It was the largest one-day decline for Microsoft in 2024. Just past the 4 pm ET close the$S&P 500 Index (.SPX.US)$fell 1.86%, the$Dow Jones Industrial Average (.DJI.US)$fell 0.90...
Good morning, traders. Happy Thursday, October 31. Happy Halloween! The market is falling after both Meta and Microsoft reported they spent a lot on AI data centers in the past quarter, a bad sign to come for the remaining Mag Seven stocks. Tonight, investors will see if Apple and Amazon earnings will bring investors a trick or a treat. My name is Kevin Travers; here is the news and animal spirits moving markets today. $Meta Platforms (META.US)$shares s...
Next week could be one of the most exciting times for global stock markets! Two major events— the U.S. election and the US Fed FOMC meeting - could significantly impact market trends. Before these events, we have an important economic announcement this Friday: the U.S. October Non-Farm Payroll (NFP) report. 1. Why is this Non-Farm Payroll report important? 2. What indicators should investors pay attention to? 3. How should t...
101842932 : didn't it already?