Look ahead: Microsoft; Intel; Caterpillar; American Airlines; US Q1 GDP
AI and tech in focus with earnings from Microsoft and Intel. Results from Caterpillar, American Airlines, and preliminary Q1 US GDP reading are likely to give more clues on whether the economy is becoming too hot or ‘just nice’.
(AI Video Summary)
US economic updates
The focus of today's "Look ahead", led by Angeline Ong, centers on significant upcoming tech earnings and pivotal economic data announcements for Wednesday, 25 April. Highlights include the anticipated Q1 US GDP growth rate, alongside other key indicators such as initial jobless claims, wholesale inventories and pending home sales. The discourse also touches on the implications of the Fed's rate cut decisions on market dynamics, including the strengthening of the US dollar.
Major tech earnings incoming
Attention is drawn to earnings reports from major companies across various sectors, including tech giants like Intel, Microsoft, and Alphabet, where Microsoft's performance and its stake in AI and cloud computing market are of particular interest. Additionally, updates from sectors like biotech, retail, and European banking are mentioned, with a lookout on how these could impact market strategies. The video concludes with a nod to the importance of upcoming airline industry updates, especially concerning American Airlines' handling of the expected demand surge.
This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.
Seize a share opportunity today
Go long or short on thousands of international stocks.
- Increase your market exposure with leverage
- Get spreads from just 0.1% on major global shares
- Trade CFDs straight into order books with direct market access
Live prices on most popular markets
- Forex
- Shares
- Indices
