fbpx

PU Prime App

Exclusive deals on mobile

  • Market Insights  >  Weekly Outlook

25 July 2022,01:28

Weekly Outlook

Tech Stocks Slide on Trimmed Forecasts

25 July 2022, 01:28

Share on:
FacebookLinkedInTwitterShare
Share on:
FacebookLinkedInTwitterShare

Stocks of Apple slid 2% to $147.07 on Monday as the world’s most valuable company announced that it would be slowing hiring and spending growth in 2023 as recession concerns hit the market. Alphabet stock is also down over 2%, a week after it announced that Google would slow hiring for the remainder of 2022. Alphabet has also started trading at its split-adjusted price, which split each stock into 20. Meanwhile, IBM saw its shares drop 4% after-hours after the company cut its 2022 cash forecast from a range of $10 billion – $10.5 billion to just 10 billion even as it beat analyst estimates on revenue and earnings. 

China’s Holdings of US Debt Falls Below $1 Trillion for First Time Since 2010

Mainland China’s holding of US Treausry notes fell to $980.8 billion in May 2022, down $23 billion from April and almost $100 billion year-on-year. With continued aggressive tightening from the US Federal Reserve, rising interest rates have made bonds less attractive. China’s holdings have fallen below $1 trillion for the first time in over 10 years, putting it behind Japan – which holds $1.2 trillion in US T-notes – as the world’s leading holder of US debt. 

Netflix Shares Up Despite Subscriber Dip

A few-than-expected loss of 970,000 subscribers during Q2 for Netflix has seen its stock price rise about 5% on Tuesday. Subscriber count for the streaming giant has dropped two quarters in a row to 220.67 million. The company is aiming to launch a lower-cost, ad-supported tier amid increasing competition. One analyst says that Netflix’s partnership with Microsoft in its ad-supported offerings is a bid by the company to be acquired – coming in after Microsoft’s acquisition of Activision Blizzard. 

把握优势,开始交易

以行业低点差和闪电般的执行速度交易外汇、指数、贵金属等。

  • 在我们的Standard账户上以最低50美元的入金金额开始交易。
  • 获得全天候支持。
  • 获取数百种交易工具、免费教学器材和最佳的优惠活动。
立即加入

Latest Posts

简单快速的
开设账户

开设真实账户
  • 1

    即刻申请

    通过无障碍程序注册

    PU Prime

    真实账户

  • 2

    轻松入金

    通过多种渠道及可接受的货币轻松地为您的账户入金

  • 3

    开始交易

    在市场领先的交易条件下,交易数百种产品