Business
8@eight: ASX set to fall as Wall Street drops on GDP figures, Trump threat – Sydney Morning Herald
What happened overnight and what is ahead for the Australian sharemarket.
Amazon shares also clocked up a record high after smashing EPS and sales estimates, and delivering very upbeat guidance. Apple shares gained in excess of 5 per cent in post-market trade on its solid results, despite announcing a 4-1 stock split. And Alphabet shares edged higher too, on an earnings beat, solid cloud revenue, and a drop in traffic-acquisition-costs.
3. US, German GDP a reminder of weak fundamentals: The results delivered by the US tech mega-caps may go some way to bolstering mark…
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