News

Tech giants Alphabet (Google) and Amazon have just reported earnings results after the close, with Alphabet currently up +8% on a strong announcement

We have decided to exit our ​NZ model portfolio ​holding in what has been a poor performing NZR.

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Global markets continued to rally overnight, lifted by upbeat quarterly reports from Coca-Cola and United Technologies.

Global markets were mostly in positive territory overnight as tech stocks rallied on Wall Street with quarterly results in focus. 

Wall Street’s​ main indices managed to end the session a touch higher. The big news was Netflix which we discuss below. 

US stock indexes retreated for the second day​, with​ weak results from CSX Corp ​putting ​pressure​ on​ railroad stocks and highlight​ing the wide-ranging impact of the protracted trade war between the United States and China.

Global markets were mixed overnight as US equities softened, with the major news-flow coming from a number of American banks reporting quarterly results.

US​​ earnings season ​gets into full swing this week, and company announcements ​will come under scrutiny because of the slowing Chinese growth, with a particular emphasis on what impact companies anticipate from the US-China trade tensions.​

​In this week’s stock market movers podcast, the episode dominated by AWF Madison, but also talk about Michael Hill and Paysauce.