Meta, Microsoft and Alphabet – what to look out for in upcoming … – Hargreaves Lansdown
The first quarter of 2023 has been anything but uneventful. We’ve had the second-biggest banking failure in the history of the United States. Meanwhile, inflation has surprised many with its stickiness. With oil prices on the rise, this causes central bankers a real headache as they fight to push inflation down.
Higher rates for longer might be necessary to curb inflation, but at the same time will weigh heavy on economic growth, as could higher oil prices. And it seems global economic output isn’t getting quite the support some had hoped for from China’s re-opening. While this delicate equation is now that much more difficult to call, there is some hope that interest rate stability is in sight.
Investors in technology companies seem undeterred. And year to date, the tech-heavy NASDAQ composite has surged ahead, outperforming global stock markets and recovering some but not all of its 2022 losses.
The next few weeks promise to deliver key financial readouts from most of the big…
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source: https://news.oneseocompany.com/2023/04/12/meta-microsoft-and-alphabet-what-to-look-out-for-in-upcoming-hargreaves-lansdown_2023041243418.html
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