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The Q1 results from the tech giant Apple (AAPL) have just been released. Ahead of this the Apple stock price had risen into the close towards its best levels of the day. That had been an early driver for the Dow Jones and the Nasdaq 100. The Nasdaq 100 actually outperformed the Dow Jones on the day, as a whole host of US tech names joined in too and pushed the index higher by 1.29% on the day. As noted here earlier today the markets were looking for Q1 earnings of $90.1 billion and an EPS of $1.50. They were both beaten, with revenue of $90.75 billion and EPS of $1.53. Whilst iPhone sales were lower, Mac sales beat and that has helped to push the stock price higher in the grey market after the close. It now higher by around 3.5% and that is lifting both the Dow Jones and Nasdaq 100 futures after the close. However, it is the Nasdaq futures that are faring the best right now. The index closed earlier 17,541, with a gain of 222 points on the day. The Nasdaq 100 futures are currently pricing the index at around 17,615
The reaction in the US stock markets to the results from Microsoft and Meta has helped the dollar to gain. The USD/JPY has lifted back above the 143...
The eagerly awaited Q1 earnings report from Microsoft (MSFT) has just been released. The markets were expecting a Q1 EPS of $3.21 and revenue of $68...
It has been quite a messy afternoon across the major FX markets. That has seen a good deal of cross price action, especially in the EUR/GBP. At one...
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