Economy on 25.10.2023...

After hours there were some numbers and today it goes further ⤵️

The crypto sector continued to move higher and the $BTC
Bitcoin is now just under $34,000. There were heaps of fakenews, as if to prevent this from rising again, as the next halving is around the corner in 2024. Also the DAX stands again briefly before the 15,000 points. The market lurks, but continues to move cautiously. Perhaps the quarterly figures of the major companies can help. Yesterday there were some:

$V
Visa fourth-quarter earnings per share of $2.33 beat analysts' estimates of $2.25. Revenue of $8.6 billion exceeded expectations of $8.57 billion.

$MSFT
Microsoft beat analyst estimates of $2.65 in the first quarter with earnings per share of $2.99. Revenue of $56.5 billion beat expectations of $54.53 billion. Revenue rose 13% from the year-ago quarter to $56.5 billion, Microsoft said Tuesday after the U.S. market close. Analysts had expected significantly less at $54.5 billion. Operating profit rose 25% to $26.9 billion, while net income improved 27% to $22.3 billion. Earnings per share increased from USD 2.35 to USD 2.99, while analysts had expected only USD 2.65.

$GOOGL
Alphabet topped analyst estimates of $1.45 in the third quarter with earnings per share of $1.55. Revenue of $76.69 billion beat expectations of $75.98 billion.

$KO
The Coca-Cola Co. third-quarter earnings per share of $0.74 beat analyst estimates of $0.70. Revenue of $12 billion exceeded expectations of $11.44 billion. In its outlook for 2023, the company now sees organic revenue growth of 10% to 11% (previously: 8% to 9%).

That continues to look very good. Coca Cola is up in growth and Microsoft is doing what they do best "print cash". Alphabet is slipping despite good numbers. However, the stock has also been running very strongly since January and a few profit-takings are setting in. Visa just continues to deliver. Also today some numbers come again. Let's take a closer look:

Economic data

08:00

• DE: Construction, new orders and sales August

10:00

• DE: Ifo Business Climate Index October PROGNOSE: 85.9 previous: 85.7 Business situation PROGNOSE: 88.5 previous: 88.7 Business expectations PROGNOSE: 83.6 previous: 82.9
• EU: ECB, Money Supply M3 and Lending September Money Supply M3 PROGNOSIS: -1.8% yoy previously: -1.3% yoy

15:00

• BE: Business Climate Index October PROGNOSIS: n/a previously: -14.4 points

16:00

• US: New home sales September PROGNOSIS: +0.7% yoy previous: -8.7% yoy

16:30

• US: Crude oil inventory data (week) from the government Energy Information Administration (EIA)

Quarterly figures / Company dates USA / Asia

13:30 Boeing quarterly figures

14:00 T-Mobile US quarterly figures

22:08 IBM quarterly figures

22:00 Align Technology | Mattel quarterly figures

22:10 IBM | Meta Platforms quarterly figures

No time stated: General Dynamics | Norfolk Southern Quarterly Figures

Quarterly figures / Company dates Europe

06:45 Kuehne & Nagel | Banco Santander Quarterly Figures

07:00 Deutsche Bank | DWS Group | Akzo Nobel | Sulzer

07:20 Air Liquide Quarterly Figures

07:30 Beiersdorf | Symrise 9 Months Results | KPN NV

08:00 Porsche AG 9 Months Results

08:00 Lloyds Banking Group | Heineken Update 3Q

08:15 Traton Result 9 Months

08:30 Beiersdorf PK + Analyst Conference

09:00 Porsche AG | Traton PK

10:00 DWS Group Analyst Conference

17:50 Carrefour quarterly figures

Without time data:

Intershop | DMG Mori | Takk | Dassault Systemes

#quartalszahlen
#boerse
#börse
#aktien
#news
#newsroom
#community
#communityfeedback
#nachrichten
#täglich
#investieren
#wirtschaft
#politik
#inflation
#fed
#rezession
#mitverstandzumkapital
#krypto
#kryptowährung
#bitcoin
#ethereum
#solana
#zinsen
#ezb
#dax
#inflation
#dividende
#visa
#cocacola
#microsoft
#alphabet
#google
#ibm
#boeing
#airliquide