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Microsoft and Tesla shares lower after earnings

Microsoft and Tesla shares lower after earnings

Microsoft (MSFT) Q2 2025EPS: $3.23 (BEAT; exp. $3.11)Revenue: $69.6B (BEAT; exp. $68.78B)Azure and Other Cloud Services Revenue Growth: +31% (MISS; exp. +31.8% - Down from 33% last quarter)Segment Highlights:Intelligent Cloud: $25.5B (MISS; exp. $25.74B)More Personal...

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Yields are back near unchanged…(at least out the curve)

Yields are back near unchanged…(at least out the curve)

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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Powell opening statement: The economy is strong

Powell opening statement: The economy is strong

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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US dollar climbs and equities fall after the FOMC decision

US dollar climbs and equities fall after the FOMC decision

The market has reacted in a hawkish way across the board after the FOMC decision.The statement removed a line saying 'inflation has made progress' and that's given it more of a neutral message than the 46 bps priced into the market.The reaction has been a roughly 25...

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The full statement from the January 2025 FOMC meeting

The full statement from the January 2025 FOMC meeting

January 29, 2025Federal Reserve issues FOMC statementFor release at 2:00 p.m. ESTRecent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent months, and labor market conditions...

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Federal Reserve leaves rates unchanged at 4.25-4.50%

Federal Reserve leaves rates unchanged at 4.25-4.50%

There was no expectation of a cut todayThe Fed had cut at the prior three meetings for a total of 100 bpsThe reference in the prior statement about inflation making progress towards 2% goal is removedThe Committee judges that the risks to achieving its employment and...

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For reference: Here was the December FOMC statement

For reference: Here was the December FOMC statement

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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US stocks fall to session lows as Nvidia drops 6.6%

US stocks fall to session lows as Nvidia drops 6.6%

NVDA dailyThe biggest company in the world (or at least it was on Friday) is bouncing around like a small-cap stock. It rebounded huge yesterday but is under pressure again today. Perhaps the tell yesterday was that it rallied far more than other beaten-up...

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Lutnick: Chinese tariffs should be the highest

Lutnick: Chinese tariffs should be the highest

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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