Dogecoin is in a strong rally today adding over 54% at $0.12971; the move brought the Doge price to April 2022 levels. The rally for Dogecoin continues for the fifth consecutive day as investors and traders are excited about the acquisition of Twitter
Apple earnings
Credit Suisse stock tumbles 15% at 3.98 Swiss Francs (CHF) on Zurich Swiss Exchange after the Swiss Bank reported a huge loss for the third quarter. Credit Suisse posted a net loss of CHF 4.034 billion
Meta Q3 Earnings. Meta reported third-quarter earnings results that disappointed investors. The Earnings per share came at $1.64 well below the expectations of $1.89 while revenue for the quarter came at 27.71 billion slightly better than the forecasts of $27.38 billion.
Microsoft released the first quarter earning report for the quarter that ended in September. The revenue increased by 11% to $50.1 billion beating the analyst’s expectations of $49.61 billion
Robinhood Markets trading platform added two new cryptocurrencies in its app, aave (AAVE) and Tezos (XTZ). Robinhood trading app users can now buy and sell the two cryptocurrencies instantly.
Apple (AAPL) will report third-quarter earnings on October 27, 2022, after the market close, in a market that is full of threats. The analyst’s consensus estimate for the Earnings Per Share is $1.26
This week there are many key events and releases starting on Monday, which is a PMI day with reports from Germany, France UK Eurozone and US. Large-cap companies will also attract investors’ attention.
Snap reported the third quarter of 2022 financial results and no forward guidance disappointing investors. Snap revenue increased by 6%
Here are the key events and economic data that investors and traders are monitoring on Thursday.
First at 8:30 a.m. ET, the Labor Department
