top of page

Tech Triumphs & Trade Thaws: Alphabet Leads as Markets Roar Back



Here's your latest update from the team at NexxtGen Markets here in the City of London 🇬🇧


Markets soared on Thursday, lifted by robust earnings and signs of easing geopolitical friction. The S&P 500 jumped 2.03%, officially exiting correction territory, while the Nasdaq gained 1.69%, driven by strength in big tech. The Dow Jones rose 1.23%, closing above 40,000 for the first time since April 15 despite IBM’s 6.6% drop.


Meanwhile, Gold slipped 0.90% as investor appetite for risk returned, while Copper surged to a monthly high—further evidence of trade thaw optimism between the U.S. and China.


🔍 Market Highlights


🧸 Hasbro +15% 📦


Hasbro crushed expectations with a 17% YoY revenue jump, posting its best day since 2020. The toy titan also extended its licensing deal with Disney for Marvel and Star Wars lines—buoying optimism despite tariff headwinds.


🔠 Alphabet +5% 💹


A blowout Q1 saw Alphabet post $90B in revenue and $34B in profit. Google Cloud revenue grew 28% YoY, aligning with forecasts and boosting tech sentiment across the board.


🧠 Meta, Amazon, Tesla, Microsoft also advanced as the White House hinted at a potential softening of trade rhetoric.


🔄 Movers & Shakers


  • 🛻 The Shyft Group +26% – Surge follows strong delivery vehicle orders.

  • 🧸 Hasbro +15% – Stellar earnings and extended Disney contract.

  • 🏗️ Severfield +24% – Construction optimism fuels rally.

  • 🪨 Thungela Resources -12% – Commodity weakness weighs on sentiment.


🧾 Earnings in Focus


🏥 AbbVie


Reports today as shares attempt a rebound—down 14% in April alone. Biotech sector volatility has kept investors on edge, with the S&P Biotech ETF down 12.5% over three months.


💾 Intel


Beat earnings estimates, but issued cautious guidance, dragging shares 5% lower after hours. Investors will watch closely as new CEO Lip-Bu Tan implements cost-saving measures and AI strategy pivots.


🛢️ Schlumberger


Continues to benefit from international demand and recent tech upgrades. The company has beaten EPS forecasts for 8 straight quarters.


✈️ What to Watch


🛫 Airlines Brace for Headwinds


Despite Thursday’s gains, Alaska Air, American Airlines, and Southwest are warning of weaker domestic travel demand. Caution lingers as the sector struggles to regain altitude.


🤖 AI Keeps Tech in Focus


Amazon and Nvidia continue to highlight surging AI demand. ETFs like SRVR and DTCR rallied on expectations of sustained growth in data centre infrastructure.


📈 Join Us


Start your trading & investment journey today at https://bit.ly/nexxtgenmarkets


⚠️ Risk Warning


Trading and investing carry risks. You should seek professional advice before engaging in such activities. Leverage can amplify both gains and losses. Past performance is not indicative of future results. Full risk disclosure: http://nexxtgen.pro/risk


🧾 NexxtGen Markets partner with eToro and may receive a small commission for anyone joining eToro via our website or socials.















---

Comentários

Avaliado com 0 de 5 estrelas.
Ainda sem avaliações

Adicione uma avaliação
bottom of page