Between the Bells Bell Direct

The upcoming report season will provide valuable insights into how ASX-listed companies fared over the financial year. As companies unveil their FY24 results, investors will be keen to assess their performance against a backdrop of rising interest rates, persistent inflation, and a slowing Chinese economy. This video explores key trends, sector outlooks, and potential market movers. In this week’s wrap, Grady covers:(0:11): the economic impact on company earnings(1:11): why all eyes...

Wall St closed lower overnight as the Nasdaq continued it’s losses from the previous trading session. The Dow Jones rose 0.2%, the S&P500 fell over half a percent and the tech-heavy Nasdaq dropped 0.93%.US GDP data was released overnight at 2.8% quarter on quarter, 0.3% higher than the forecast of 2.5%In terms of US stocks, investors moved away from some big AI names including Nvidia which fell 1.7%, Microsoft that lost 2.5% and Alphabet which declined by more than 3%.Over in Europe, mark...

Wall Street crumbled on Wednesday as underwhelming results out of two of the tech mega caps weighed on investor sentiment around valuations at the current levels. The Dow Jones fell 1.25% on Wednesday while the Nasdaq and S&P500 had their worst sessions since 2022 with each indices tumbling 2.31% and 3.64% respectively. Shares in Google parent company, Alphabet, fell 5% despite the tech giant beating on the top and bottom-line expectations for Q2. Investors may have sold out of Alphabet a...

Wall Street closed lower on Tuesday as a morning rally eased in the last hour of trade to see the key indices post slight losses as investors continue to assess second quarter earnings reports. 2 of the magnificent 7, Tesla and Alphabet, released results after the closing bell on Tuesday with Alphabet reporting better-than-expected results while Tesla saw its profit tumble 45% on easing EV demand. Investors are digesting the combination of results, economic data and US political developments ...

Wall St closed higher overnight as Nvidia shares led a turnaround on tech stocks and the S&P500 rose in its best day since early June. The Dow Jones gained 0.32%, the S&P 500 advanced over 1% and the tech-heavy Nasdaq rose by 1.58%.In terms of US shares, Nvidia soared by 4.8% following their 8% decline last week. Other tech stocks including Alphabet and Meta also gained more than 2% each.Over in Europe, markets closed higher as they react to the news that Joe Biden has dropped out of ...

Wall Street closed sharply lower on Friday as investors dumped mega cap stocks in favour of smaller caps following the broad rally that sent key indices and valuations to record highs in recent months. The Dow Jones fell 0.93%, the S&P500 declined 0.71%, the tech-heavy Nasdaq ended the day down 0.81%, but the small-cap focused Russell 2000 climbed 1.68% on Friday.CrowdStrike, the cybersecurity company behind the global IT outage on Friday, tanked 11.1% following the outage.Over in Europe,...