Earnings Reports (02/06/2023 – 02/10/2023) 💰
The biggest investing and finance stories of the day, told in four minutes. Available as both a podcast and daily roundup blog posts. Perfect for on the go or on the couch.
Tycoon Gautam Adani lost half of his net worth in a week.
S&P 500 dropped by 1.04%, the NASDAQ went down by 1.59%, and the Dow Jones fell by 0.38%
The entire U.S. corporate ecosystem continues to show signs of a strong labor market.
The S&P 500 climbed 1.47%, the NASDAQ Composite went up 3.25%, and the Dow Jones just fell by 0.11%.
Following a shocking earnings report from tech giant Meta, investors had their fingers crossed.
The EU has banned Russian exports of oil.
Meta reported better-than-expected revenues
Fed’s have started the year with a quarter percentage point hike.
The S&P 500 rose 1.05%, the NASDAQ went up 2.00%, and the Dow Jones inched higher by 0.02%.
The S&P 500 grew 1.46%, the NASDAQ Composite went up 1.67%, and the Dow Jones rose 1.09%.
There is still much debate on when The Fed will pause rate hikes.