45:T4ff,Meta fell 15% in the afterhours trading despite earnings beat as investors didn’t like the weaker-than-expected revenue forecast for the current quarter and even less the news that the company will be spending more money to improve its AI capabilities. Tesla jumped 12% regardless of revenue miss. Google, Microsoft and Intel are due to report today. So far, we observe that the high expectations have played tricks on stock valuations and the first set of earnings reactions warn that even strong results from Big Tech may not suffice to send their stock prices higher – if we start seeing growth expectations level out. (I am looking at you Microsoft and Nvidia.) Zooming out, the stumbling giant Meta is weighing on the mood this morning. US futures are down and the technology-heavy Nasdaq is leading losses with more than 1% fall at the time of writing. The macroeconomic landscape is complex, with investors balancing between robust GDP growth and high earnings expectations for the Big Tech companies, all while considering the fading expectations for a Federal Reserve's (Fed) rate cut. All eyes on US Q1 GDP today. In the FX, the USDJPY continues its advance above 155 defying expectation of a direct FX intervention in the next few hours. Listen to find out more!46:T42e,As GME plummets and traditional financial media turns its attention elsewhere, where does the retail trading insurgency go from here? This episode is sponsored by Nexo.io. WallStreetBets is having a rough day. Its stocks are crashing. Champions from as recently as last week are selling out. More brokerage apps are turning off buying. In this episode, NLW explores what it means for this set of assets and the larger shift in power from institutional to retail investors. He argues, ultimately, that over the last year retail traders of the type led by WSB have established themselves as too powerful a force for the market to simply turn away from now. - Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io. - Image credit: Brent Lewin/Bloomberg via Getty Images Intro song credit: https://www.reddit.com/r/wallstreetbets/comments/l0dfrp/the_tendieman_lyrics_and_video_by_uquigonshin See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.47:T4fa,

US equities rallied last week on growing expectations of lower interest rates and Microsoft became the largest company by market capitalisation. The earnings season kicked off in earnest on Friday with the major banks including JPMorgan reporting, and this will be followed by Morgan Stanley and Goldman Sachs announcing results on Tuesday. The Republican nomination process for the US presidency begins tonight with the Iowa caucuses, where the former President Trump is seen as the clear frontrunner. Chinese equities are only marginally lower as China's central bank did not cut a key interest rate, while Baidu is sharply down as the risk of sanctions on the company has increased. Mensur Pocinci, Head of Technical Analysis Research, points out that the uptrend in (US) equities remains intact, as does the downtrend in bond yields.

00:00 Introduction by Helen Freer (Investment Writing)

00:27 Markets wrap-up by Mike Rauber (Investment Writing)

07:01 Technical Analysis update by Mensur Pocinci (Head of Technical Analysis Research)

09:50 Closing remarks by Helen Freer (Investment Writing)

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