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Premarket BUZZ 18Jun2025🚨 #ABRMARKETWATCH
Global Market Update:
- Asia markets mixed with Nikkei 225 & KOSPI up, Hang Seng & S&P ASX 200 down due to Middle East tensions.
- US equity futures dip over potential US involvement in the Middle East conflict.
- Apple Inc. Q1 2022 earnings report:
* Revenue of $89.57B, up 6%.
* EPS $1.68 vs. $1.42 last year.
* iPhone sales revenue at $50.6B, maintaining largest contributor status.
* Services revenue up 23% YoY.
* Mac and iPad sales down due to supply chain issues.
- Anticipated Q2 revenue of $95B despite ongoing supply chain disruptions.
- Focus on services growth, R&D investments in autonomous systems, AR, AI, and emerging markets expansion.
- Geopolitical tensions in the Middle East and global market volatility expected to continue until de-escalation.
- The Federal Reserve may hint at future rate cuts by July.
- Global stocks predicted to outperform US equities over the next 5 years according to BoA Corp survey.
- Various asset classes, including gold, bonds, and bitcoin, see movements in their values.
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