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Writer's pictureSalyl Bhagwat

On the SPOT™ blog (04/27/2023) [M..]

In the economic news today, GDP grew less than expected in Q1 and pending home sales dropped. Seems to be in a controlled direction so far. First Republic's stocks seems to have stabilized after couple of days of steep declines. Star of the show so far has been the Big Tech quarterly results as seen from MSFT. GOOGL and now Meta Platforms (ticker META) results that came out yesterday after markets closed. All three major US indices are in the green this morning (PST).

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