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WHAT TO LOOK
Economists expect a solid impression of GDP in the first quarter after several key sectors of the US economy took a last upward turn at the end of the quarter.
The Bureau of Economic Analysis will release its initial reading of US economic growth in the first three months of the year, Friday at 8:30 am ET.
In recent weeks, analysts have revised upwards their forecasts for economic expansion over the period, in light of better-than-expected data on segments such as retail sales, exports and corporate inventories. .
<p class = "canvas-atom web-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "From Thursday, the expectations were at the rendezvous , with the Atlanta Fed closely watched & nbsp;GDPNow tool followed by 2.7% quarterly growth, while NowCast & nbsp; from the New York Fedwatched report& nbsp; for an increase of 1.4%. Other estimates lie largely in this range, a consensus among economists surveyed by Bloomberg calling for growth of 2.3% and the GDP of the St. Louis Fed, Nowcast & nbsp;estimate& nbsp; pointing to growth of 1.9%. "Data-reactid =" 22 "> From Thursday, expectations were at the rendezvous, the heavily monitored GDPNow tool from the Atlanta Fed posting quarterly growth of 2.7%, while the New York Fed's NowCast report was looking at 1.4% expansion, while the other estimates were well within this range, with a consensus among Bloomberg's economists calling for 2.3% growth, and an estimate of the Saint Louis Fed's GDP showing growth at 1.9%.
In the fourth quarter, GDP grew at an annualized rate of 2.2%. Growth was 2% in the first quarter of 2018.
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TOP NEWS
The Uber logo is displayed on a mobile device in this pictured photo in Warsaw, Poland on March 19, 2019. (Photo by Jaap Arriens / NurPhoto via Getty Images)
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Uber lowers valuation of IPOs, unveils conditionsUber Technologies Inc. will unveil the terms of its initial public offering on Friday, advising investors that it will seek a value of between $ 80 billion and $ 90 billion, sources close to the record said. The valuation requested is lower than the $ 120 billion valuation that investment banks reported at Uber last year. [Reuters]"data-reactid =" 37 ">Uber lowers valuation of IPOs, unveils conditionsUber Technologies Inc. will unveil the terms of its initial public offering on Friday, advising investors that it will seek a value of between $ 80 billion and $ 90 billion, sources close to the record said. The valuation requested is lower than the $ 120 billion valuation that investment banks reported at Uber last year. [Reuters]
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Amazon's revenues far exceed expectations: Amazon (AMZN) posted earnings of $ 7.09 per share and disappointing expectations of $ 4.67. The e-commerce giant announced Thursday a turnover of $ 59.7 billion for the first quarter of 2019, which is in line with analysts' estimates. This was in the upper range of the company's January forecast of net sales of $ 56 billion to $ 60 billion. [Yahoo Finance]"data-reactid =" 38 ">Amazon's revenues far exceed expectations: Amazon (AMZN) announced earnings of $ 7.09 per share, exceeding expectations of $ 4.67. The e-commerce giant announced Thursday a turnover of $ 59.7 billion for the first quarter of 2019, which is in line with analysts' estimates. This was in the upper range of the company's January forecast of net sales of $ 56 billion to $ 60 billion. [Yahoo Finance]
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Also: Amazon will offer a free one day shipping to Premium members and invest $ 800 million to achieve this& nbsp;[Yahoo Finance]"data-reactid =" 39 ">Also: Amazon will offer a free one day shipping to Premium members and invest $ 800 million to achieve this [Yahoo Finance]
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The crypto market shaken by new allegations: One of the most traded virtual currencies in the world faces new doubts about its stability, after New York's biggest cop accused the issuer of the coin of participating in a concealing camouflage the loss of approximately $ 850 million in corporate and client funds. The charges against Tether and the cryptocurrency operator Bitfinex, announced Thursday by the New York Attorney General. [Bloomberg]"data-reactid =" 40 ">The crypto market shaken by new allegations: One of the most traded virtual currencies in the world faces new doubts about its stability, after New York's biggest cop accused the issuer of the coin of participating in a concealing camouflage the loss of approximately $ 850 million in corporate and client funds. The charges against Tether and the cryptocurrency operator Bitfinex, announced Thursday by the New York Attorney General. [Bloomberg]
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Starbucks Reports Strong Growth in Second Quarter, Driven by US and China Sales: Starbucks (SBUX) posted stronger-than-expected earnings, driven by strong sales in the United States and China, and raised its guidance for the full year. The global coffee giant posted earnings per share of 60 cents per share in its second fiscal quarter, up from 53 cents a share a year ago. [Yahoo Finance]"data-reactid =" 41 ">Starbucks Reports Strong Growth in Second Quarter, Driven by US and China Sales: Starbucks (SBUX) on Thursday announced stronger-than-expected earnings, driven by solid US and Chinese sales, and raised its guidance for the full year. The global coffee giant posted earnings per share of 60 cents per share in its second fiscal quarter, up from 53 cents a share a year ago. [Yahoo Finance]
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Ford has just embarrassed the hell of its rival pickup trucks: The maker of the popular F Series truck lineup announced Tuesday that it has gained market share and increased revenue in the pickup category in the first quarter. The F-Series vans are one of the highest margin products launched by Ford (F) assembly lines, it helped generate profits in North America $ 300 million more than a year ago. [Yahoo Finance]"data-reactid =" 42 ">Ford has just embarrassed the hell of its rival pickup trucks: The maker of the popular F Series truck lineup announced Tuesday that it has gained market share and increased revenue in the pickup category in the first quarter. The F-Series pickups are one of the highest margin products from Ford (F) assembly lines, helping to generate $ 300 million in North American profits over in the previous year. [Yahoo Finance]
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<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The self-proclaimed Tesla bull claims that the first quarter was one of the most serious problems he's had in 20 years."data-reactid =" 44 ">The self-proclaimed Tesla bull claims that the first quarter was one of the most serious problems he's had in 20 years.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Microsoft reaches $ 1 trillion in market capitalization after strong earnings"data-reactid =" 45 ">Microsoft reaches $ 1 trillion in market capitalization after strong earnings
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Joe Biden's Economic Outlook Requires Major Update"data-reactid =" 46 ">Joe Biden's Economic Outlook Requires Major Update
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Kyle Bass: The bubble of Southeast Asia will burst and "people will lose a lot of money""data-reactid =" 47 ">Kyle Bass: The bubble of Southeast Asia will burst and "people will lose a lot of money"
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "NFL 2019 project is a big test for ABC"data-reactid =" 48 ">NFL 2019 project is a big test for ABC
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The best and the worst American states for retirement"data-reactid =" 49 ">The best and the worst American states for retirement
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