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Wall Street: AI boosts megatech earnings: Alphabet & Microsoft lead
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Last week, US equity markets rebound following robust earnings report from mega tech giants Alphabet and Microsoft, whose reports confirm the impact of AI on revenues is not merely hype, but a tangible reality. We await further evidence of AI's impact in this week's earnings reports from fellow mega tech giants Amazon, Apple and chipmaker AMD.
IG is a world-leading provider of CFDs* and forex giving access to the world’s financial markets to a global audience of over 313’000 clients. IG has been present in Switzerland since October 2014, with its subsidiary IG Bank S.A. which offers dedicated services with two offices in Geneva and Zürich.
IG Bank S.A. is authorized and regulated by the Swiss Financial Market Supervisory Authority (FINMA) as a bank and a securities dealer. Part of IG Group Holdings plc, a member of FTSE 250 (IGG) with a market capitalisation of £2.8 billion on 31 May 2020.
CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please consider our Risk Disclosure Notice and ensure that you fully understand the risks involved.
*World-leading provider of CFDs based on revenue excluding FX (published financial statements, October 2022).
IG is a world-leading provider of CFDs* and forex giving access to the world’s financial markets to a global audience of over 313’000 clients. IG has been present in Switzerland since October 2014, with its subsidiary IG Bank S.A. which offers dedicated services with two offices in Geneva and Zürich.
IG Bank S.A. is authorized and regulated by the Swiss Financial Market Supervisory Authority (FINMA) as a bank and a securities dealer. Part of IG Group Holdings plc, a member of FTSE 250 (IGG) with a market capitalisation of £2.8 billion on 31 May 2020.
CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please consider our Risk Disclosure Notice and ensure that you fully understand the risks involved.
*World-leading provider of CFDs based on revenue excluding FX (published financial statements, October 2022).