Our PureVest Weekly Roundup looked at the key earnings reports from the week. Big tech and big oil are in focus. Q1 Earnings season has been better than many have feared. U.S. GDP only rose by 1.1% in the first quarter. Tuesday kicks off the next 2-day Fed meeting, where their final rate hike of the cycle is expected. The U.S. dollar remains the king even as calls to ditch the currency have been in the headlines lately. The 2023 NFL Draft kicked off last night and will continue into the weekend; get caught up on your team’s moves. Enjoy the light reading, and have a great weekend.
Markets & Economy:
Meta Platforms stock hits 15-month high after earnings crush estimates, expenses drop
source:www.yahoofinance.com
Alphabet reports revenue and earnings beat for first quarter
source:www.cnbc.com
Amazon stock dips as uncertain cloud outlook overshadows revenue beat
source:www.cnbc.com
Exxon delivers a record first-quarter profit on higher output
source:www.cnbc.com
U.S. GDP rose at a 1.1% pace in the first quarter as signs build that the economy is slowing
source:www.cnbc.com
Calls to move away from the U.S. dollar are growing — but the greenback is still king
source:www.cnbc.com
May Fed Meeting Preview: Could this be the Fed’s last rate hike?source:www.bankrate.com
Education:
What Is a Preferred Stock?
source:www.investopedia.com
Just For Fun:
N.F.L. Draft Picks 2023: All the Results From the First Round
source:www.nytimes.com
2023 NFL Draft: One player each team should target on Day 2
source:www.pff.com