Microsoft Shares Surge After Hours on Mixed Earnings – A Dow Recharge Tomorrow?
Microsoft (MSFT), Earnings, FAANG, Tech, Nasdaq 100 and Dow Talking Points: The Market Perspective: Nasdaq 100 Range from 11,600 to 10,600 While tech-giant Microsoft reported a better-than-expected $2.32 EPS, its revenues fell approximately $700 million short of consensus estimates Despite the mixed basic financial performance, MSFT shares rallied as much as 5.3 percent higher from […]
Atlanta Fed GDPNow remains steady at 3.5%. Tomorrow will be the last estimate for the 4Q.
The Atlanta Fed GDPNow model projects the fourth-quarter GDP at 3.5%. That is unchanged from the yesterday’s estimate. In their own words: “The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2022 is 3.5 percent on January 19, unchanged from January 18 after rounding. After this morning’s […]