SQUAWK BOX, THURSDAY 25TH JULY, 2019
It’s a massive day of earnings on both sides of the pond. Tech stocks lead the SaP 500 and Nasdaq to fresh peaks, while Facebook’s Q2 results fly in the face of recent regulatory concerns. Tesla, however, sees shares plunge as second-quarter earnings fall short of estimates. We also have quarterly results from Roche, Unilever, AstraZeneca, Anglo American, Valeo and Diageo. The euro hovers near two-month lows against the dollar ahead of today’s rate decision amid the prospect of more easing from the European Central Bank. And in the UK, new Prime Minister Boris Johnson assembles his new cabinet with a decidedly pro-Leave character, vowing to deliver Brexit by Halloween.
