Tech earnings, debt ceiling wrangling and GDP data ahead

Oil: Production Cuts May Not Be Enough to Counter Economic Concerns

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📚 Daily Digest  |  Thursday, Apr 27, 2023     Meta earnings, U.S. growth data, debt ceiling bill passed - what's moving markets   © Reuters. Investors are awaiting U.S. economic growth data, all while digesting results from Facebook owner Meta and looking ahead to Amazon's latest earnings. Elsewhere, House Republicans pass a new debt ceiling bill, but the political wrangling in Washington over the issue looks to be far from finished. Read More     Today's Top News Stock Market Meta Platforms surges 11% on strong results, outlook; analysts bulled-up Meta Platforms surged in premarket trade on Thursday after the social media giant reported first-quarter results that topped Wall Street expectations and provided upbeat revenue guidance amid ongoing progress to bring down costs. Economy House Republicans pass debt-ceiling hike, hoping to spur Biden to talks The U.S. House of Representatives on Wednesday narrowly passed a bill to raise the government's $31.4 trillion debt ceiling that includes sweeping spending cuts over the next decade. Stock Market 5 big analyst picks: Microsoft picks up 2 upgrades on Q3 beat | Pro Recap Here is your daily Pro Recap of the biggest analyst picks you may have missed since yesterday. Commodities Oil prices inch higher after hefty losses Oil prices edged higher on Thursday after a price drop the previous day reversed the supportive impact of a surprise OPEC production cut announced this month. Read More News » Today's Top Analysis     Apr 27, 2023 by Ellen R. Wald, Ph.D. Oil: Production Cuts May Not Be Enough to Counter Economic Concerns   by Ellen R. Wald, Ph.D.  |   Apr 27, 2023   Apr 27, 2023 by Barani Krishnan Natural Gas: Will LNG Save the Day Amid Benign Weather?   by Barani Krishnan  |   Apr 27, 2023   Apr 27, 2023 by Geoff Bysshe How to Trade Big Earnings Gaps   by Geoff Bysshe  |   Apr 27, 2023 Read More Analysis »

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