Splendid performance seen in US stock indices today following Meta Platforms/FB's, PayPal etc. results from yesterday after-hours. The rally seemed tentative initially, perhaps due to the news about contraction in GDP for Q1 of 2022. Whether that will get revised later remains to be seen. All major indices finished in solid green for a change. After-hours actions seems to be scintillating too given that Apple beat the earnings estimate and announced a $90B share buyback program. That makes Apple and Google my favorite stocks.
On the SPOT blog (04/28/2022) [T..]
Updated: Aug 31, 2022