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Writer's pictureSalyl Bhagwat

On the SPOT™ blog (04/19/2023) [S..]

Markets seem to be looking for a direction amid mixed quarterly results and news. Mortgage applications fell last week, Netflix beat earnings but missed on revenue estimates and provided soft guidance (password sharing crackdown solution pushed back), Morgan Stanley results were good but their margins seemed lower than expected. Tesla and IBM will report later so that should provide some more insight into the tech zone. All three major US indices were in mild red this morning (PST).

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