Shares of the computer company Dell Technologies (NYSE: DELL) advanced 12% in extended trading on Thursday after the company reported upbeat first-quarter earnings results. The company posted record revenue and operating profit in the first fiscal quarter.
US Federal Reserve released the minutes from their last policy meeting on Wednesday. The Fed’s meeting minutes indicated that the US central bank will likely raise interest rates by 50 basis points at its next two meetings in June and July.
Germany released stronger-than-expected gross domestic product data. The GDP increased 0.2 percent on quarter in the first three months of 2022, recovering from a 0.3 percent contraction in the previous period.
Shares of the video-chat company Zoom video communications (NASDAQ: ZM) bounced more than 10% in Monday's after-hours session after the company announced better-than-expected first-quarter financial results. Zoom also provided profitability guidance for the current quarter and full year.
The Euro bounced against the US dollar on Thursday boosted by hawkish comments from the European central bank. However, the bulls will need to regain the 1.0640 level if they want to continue their ascent towards 1.0700/50.