Officials are now looking into the worlds Biggest Social Network collecting information from its users. Teslas model 30 must ready to hit the road. Will this car in the perfecting the Auto Industry . Now to our lead. It was a global rally monday in equities. You do have to take into account low Trading Volume in the u. S. The trend is still clear with tech stocks failing to join this risk on mood. June sold the nasdaq and tech benchmark snap a sevenmonth winning streak. Is this a shortterm or longterm trend for tech. Lets ask our guests today. Wonderful to have you both with me. I want to start with james in new york. Doubt at a record today. Nasdaq is lower. Volatility is low. Im going to quickly show you a chart i have on the bloomberg, btv 859, volatility has continue to elevate itself within the stock market. James, what does this mean . I wher . Will we continue to see volatility . James it is interesting that tech is up 16 this year versus the Broader Group of 8 . This is a situa
Why the S&P 500 is still treading water despite strong company results
An astonishing earnings season for US corporates has not had much impact on share prices
By almost any measure, this has been an astonishing earnings season for US corporates. At the time of writing, around two-thirds of companies had beaten expectations – and not just by a little. Barclays analysts put average earnings per share growth at an impressive 63%. However, it doesn’t appear to be having much impact on share prices. Why?
Tesla is a case in point: its earnings rose to 93 cents per share, against expectations of 79 cents with revenue up 79% year on year. Its share price dropped 3% in the immediate aftermath of the results. Overall, the S&P 500 has been treading water even as results have come through strongly.