Asia Shares Rise as Tech Fuels Cautious Optimism: Markets Wrap

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Asia Shares Rise as Tech Fuels Cautious Optimism: Markets Wrap
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(Bloomberg) -- Asian equities broadly rose amid cautious optimism that solid post-market US tech earnings are set to spur a rebound on Wall Street. Most Read...

-- Asian equities broadly rose amid cautious optimism that solid post-market US tech earnings are set to spur a rebound on Wall Street.Israel Latest: Rocket Hits Egyptian Town; Oct. 7 Planner Killed

“There is a little bit of reservation about this move, as even though the initial moves have been higher in the after-hours trading, they haven’t been followed through in terms of what happens in the US,” said Tony Sycamore, an analyst at IG in Sydney. “Whether Amazon’s earnings report and Apple’s report next week can stop the rot in the tech trade remains to be seen.”

Also in focus is the meeting between China’s Foreign Minister Wang Yi and US Secretary of State Antony Blinken in Washington. In his US visit, Wang said the two countries should have “in-depth” dialog as they need to address common interests and reduce misunderstandings, the official Xinhua News Agency reported.

The Coca-Cola Company Q3 2023 Earnings Call Transcript October 24, 2023 The Coca-Cola Company beats earnings expectations. Reported EPS is $0.74, expectations were $0.69. Operator: At this time, I’d like to welcome everyone to The Coca-Cola Company’s Third Quarter 2023 Earnings Results Conference Call. Today’s call is being recorded.

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