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US equity futures steady in light trading, Tesla declines

BLOOMBERG US equity futures were little changed while Asian stocks rose in holiday-thinned trading as investors assessed the Federal Reserve’s policy path following US jobs data. S&P 500 contracts rose less than 0.1% and MSCI Inc’s Asia-Pacific equity index added 0.2%. Trading volumes were light with markets across Europe, Hong Kong and Australia closed for Easter holidays. In the US ...

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Tech stocks is facing a reckoning ahead of tough earnings season

BLOOMBERG This year’s 20% rally in US technology stocks is decoupling from reality ahead of what’s predicted to be a gloomy reporting season, the latest MLIV Pulse survey shows. While investors have flocked to tech in the market shakeup amid recent banking turmoil, the rotation is at odds with analyst calls for the steepest drop in quarterly profits for the ...

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Tunisia tourism receipts rise 64%, rake in 1bn dinar in Q1

TUNIS / WAM Tunisia’s cumulative tourist revenues exceeded the 1 billion-dinar milestone in Q1 of 2023, climbing 64% compared to the same period last year, according to data published by the Central Bank of Tunisia (BCT). Cumulative labour income also saw an 8.5% increase, reaching 1.9 billion dinars, against 1.7 billion dinars at the end of March 2022, Tunis Afrique ...

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