US stocks climb on strong Chinese economic growth and upbeat earnings

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A smiling trader works on the floor of the New York Stock Exchange.
Traders work on the floor of the New York Stock Exchange (NYSE) on October 27, 2022 in New York City.

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S&P 500 companies just had their best start to an earnings season since 2012, despite fears of a credit crunch

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NYSE
90% of S&P 500 companies beat their EPS targets – putting the index on track for its best start to an earnings season since at least 2012, according to Bank of America.

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Corporate America is facing its bleakest first-quarter since the pandemic started— S&P 500 companies' earnings could drop as much as 7%, new data says

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New York Stock Exchange
Wall Street may be heading into a tough earnings season.

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Investors should brace for corporate profits to see their biggest drop since the start of the pandemic, Goldman Sachs says

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US stock market traders
Friday's inflation print shocked investors.

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  • Goldman Sachs strategists say they expect corporate profits to see their steepest decline since 2020.

Tesla reports vehicle deliveries are up about 35 percent from last year in first quarter following price cuts

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Tesla logo on the nose of a vehicle
Tesla released its Q1 production and delivery figures Sunday.

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Markets are heading into a 'post-Fed' world. Here are 4 things that will drive the new investment regime

Tech Insider : Economy
New York Stock Exchange
The Fed may pause after increasing rates to 4.75%-5%.

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Meme stock GameStop surges 35% after it posted a surprise profit for the first time in 2 years

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gamestop line
Meme stock GameStop surges nearly 50% after it posted a surprise profit for the first time in two years.

Reuters

Saudi Aramco, the world's largest oil company, announces record profit of over $161 billion for 2022

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Illustration of Aramco logo
Saudi Aramco profits soared to $39.5 billion in the first quarter.

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The rally in tech is set to fade after a red-hot start to 2023, but analysts say one area will keep thriving

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Artificial intelligence AI

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Allbirds stock crashes after the company said it lost $101 million last year and quarterly sales fell well below a year ago

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Allbirds on Thursday announced a disappointing earnings report.
Allbirds on Thursday announced a disappointing earnings report.

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