Nasdaq Edges Down From Records Ahead of Big Tech Earnings
UNITED STATES, JUL 22 – Big banks' trading and investment banking drove Q2 profits up 7%, while CEOs remain cautious amid ongoing economic and trade uncertainties, FactSet reports 83% S&P 500 beat rates.
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Nasdaq edges down from records ahead of big tech earnings
NEW YORK, United States — The Nasdaq retreated from a record ahead of earnings from Google parent Alphabet and other tech giants. Meanwhile, European markets fretted over an Aug. 1 deadline for the EU to avert steep tariffs from US President Donald Trump. Both the Dow and S&P 500 finished higher. But the Nasdaq dropped 0.4 percent to snap a six-day streak of records. Earnings from Alphabet and Tesla are due on Wednesday. They are the first two …
2025 Q2 Earnings Season Off To Strong Start After Bank Reports
Big banks reported strong Q2 profits, driven by trading and investment banking, though CEOs remained cautious about economic risks. The Late Earnings Report Index (LERI) shows increased certainty, despite more companies setting unusual earnings dates. Key tech (Tesla, Alphabet) and industrial companies report this week, with peak earnings season expected from July 28 to August 15. Big Banks Reported Big Profits in Q2, But Caution Remains The big…
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