Rising German Bunds Could Actually Be A Bullish Signal For U.S. Stocks

Rising German Bunds Could Actually Be A Bullish Signal For U.S. Stocks

Equity index futures are pointing to a higher open led by tech stocks, with the Nasdaq futures trading 1. 69% higher before the open. Alphabet (GOOGL) and Advanced Micro Devices (AMD) reported positive earnings after last night's close, which appear to be prompting the rally. After today's close, another big internet company will report earnings—Meta Platforms (FB), the parent company of Facebook and Instagram. After Tuesday's close, Alphabet (GOOGL) announced better-than-expected earnings and revenues that lead to a rally more than 7. 8% in extended-hours trading. The company reported higher-than-expected revenue from search traffic and cloud services but fell short on YouTube advertising revenue. Another nice surprise from GOOGL was the announcement of a 20-for-1 stock split in July. This could be a win for retail traders because it allows them to buy shares without having to devote so much capital to one investment. There are many other stocks that if they split, could help investors gain opportunity without sacrificing diversification. Advanced Micro Devices (AMD) also reported after the close and soundly beat earnings estimates, leading to a rally of 10. 29% in after-hours trading. AMD saw record revenues that rose 49% over the previous quarter and 68% from a