📈 Google stock, $GOOGL, soars over 12% after beating earnings expectations.

The company reported revenue of $93.5 billion and EPS of $$1.89. Google also declared a $0.20 dividend for the first time in history and issued a $70 billion stock buyback.

@Fin_Watch

📊 Market Cap Erased Since All Time High:

1. Apple, $AAPL: $400 billion
2. Nvidia, $NVDA: $330 billion
3. Tesla, $TSLA: $310 billion
4. Microsoft, $MSFT: $250 billion
5. Meta, $META: $220 billion
6. Amazon, $AMZN: $190 billion
7. Google, $GOOGL: $70 billion

Combined, the Magnificent 7 stocks have erased $1.8 TRILLION in market cap since their recent all time highs.

@Fin_Watch

💸 xAI is raising $6 billion at a valuation of $18 billion from investors including Sequoia, per the Bloomberg

@Fin_Watch | link

🇨🇳 China's 🇺🇸 U.S. Treasury holdings have fallen to their lowest level in 15 years 📉📉

@Fin_Watch

📊 Key Events This Week (Happy Fed Week!):

1. CB Consumer Confidence data - Tuesday

2. JOLTs Jobs data - Wednesday

3. Fed Interest Rate Decision - Wednesday

4. ISM Non-Manufacturing PMI data - Friday

5. April Jobs Report data - Friday

6. ~20% of S&P 500 companies report earnings

@Fin_Watch