Expect a short-term corrective move in markets
Markets are mostly in the red with steep US tariffs set to hit in a few hours. While Microsoft's and Meta's strong results limited loss on the Nasdaq, the trend looks downward around the world and in Australia. Delivering quarterly reports, Microsoft briefly hit a value above US$4 trillion, Meta jumped 11%, eBay soared 18%. After market, Apple rose but Amazon and Coinbase fell. This morning ResMed beat forecasts and is up 2.7% at 11.25am (AEST). Stocks mentioned Amazon https://www.moomoo.com/stock/AMZN-US Apple https://www.moomoo.com/stock/AAPL-US Coinbase https://www.moomoo.com/stock/COIN-US…
The skinny
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