Market Updates
A twice-daily podcast from the Marcus Today team for self-directed investors.
Published every weekday before the ASX open and after the close (AEST), these short updates cover what's moving markets, key developments overnight, and the themes shaping the trading day.
Clear. Practical. No noise.
Market Updates
Pre-Market Report – Friday 30 January: US markets mixed | Apple beats forecasts
The markets are really moving now – both up and down. The Nasdaq was down 0.7% and the S&P500 was off a minor 0.1%. There were bigger moves in individual stocks. Microsoft fell 10% as the market reacted negatively to its release yesterday after the close. Conversely, Meta rallied 10% as the market took a positive view on how AI can help its advertising cash cow. ServiceNow was belted 9.9%. Apple is currently up 1.7% in the aftermarket after its quarterly showed 16% revenue growth and 19% growth in earnings per share. The iPhone had it best ever quarter. Tim Cook called the demand “unprecedented”. US financials also rallied strongly, alongside copper.
Apple up 2% on results - Call to come
SPI Futures up 33 points.
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