EUR/USD
1.13235
-0.553%
Gold
3289.60
-0.833%
Oil
57.911
-3.337%
USD/JPY
143.058
0.519%
GBP/USD
1.33258
-0.605%
GBP/JPY
190.627
-0.053%
Real-time News
According to Nikkei: The Bank of Japan may lower its GDP growth forecast for fiscal 2025 and fiscal 26 to below 1.0%.Qualcomm (QCOM.O) shares extended losses after the market closed, and were last down 6%.Meta Platforms (META.O) said first-quarter sales reached $42 billion and said growth would remain steady in the coming months, dispelling concerns that Trumps tariffs would hurt its global digital advertising business. The social media giant said its first-quarter revenue grew 16%, beating analysts expectations. Meta had previously expected the companys revenue to grow 8% to 16% year-on-year in the current quarter, pushing its shares up more than 6% in after-hours trading. In addition, the company had a net profit of $16.6 billion in the first quarter. Meta also said it had lowered its full-year spending forecast by $1 billion. However, Metas metaverse business unit, Reality Labs, recorded an operating loss of $4.2 billion on sales of $412 million. Reality Labs has accumulated losses of more than $60 billion since the end of 2020.Amazon (AMZN.O) will invest $4 billion to expand its delivery business in small towns.Market news: EU officials said they will submit a trade proposal to the United States next week.
