Slow GDP Growth, Tech Earnings Beat, and Bitcoin’s Tumble (Bulls, Bears & Blockchain Recap April 27, 2023)

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Join us today on Twitter spaces for today’s Bulls, Bears & Blockchain show, where we’ll be tackling some of the most pressing topics in the financial world.

Be sure to join the conversation as we discuss:

  • GDP Growth Slows to the Lowest in Four Quarters
  • Tech Earnings Beat, META, and Microsoft Stocks Soar in Price
  • BTC fails to break above 30k drops 10% shortly after

Don’t miss out on this exciting discussion! Tune in to our Twitter Spaces show today at 5:30 pm EST and join the conversation.

Let’s dive right in!

GDP Growth Slows to the Lowest in Four Quarters

Despite gains in consumer spending, the U.S. economy grew significantly less than expected in Q1, with deteriorating business conditions and a weak housing market weighing it down. Some economists predict that the weakness will persist in the coming months due to high interest rates, stubborn inflation, and tightening credit conditions, which are dampening the markets

Join us on today’s show where we will start off by examining these latest GDP figures. We’ll discuss the reasons behind this trend, and what it means for investors.

Tech Earnings Beat, META, and Microsoft Stocks Soar in Price

Next up, we’ll be discussing the tech sector’s recent earnings beat, and the impressive performance of META and Microsoft stocks. We’ll dive into what’s driving this growth, and whether it’s sustainable in the long term.

Meta shares soared as much as 14% in early trading on the heels of the company’s better-than-expected first-quarter earnings report following Wednesday’s close.

Meta topped analyst expectations for revenue and earnings per share while also guiding for second-quarter revenue in a range of $29.5 billion to $32 billion. Analysts had been expecting $29.48 billion in second quarter revenue.

Join us live as our market expert Jon Najarian breaks it all down.

Bitcoin Fails to Go Above $30,000, Quickly Falls 10% After

Lastly, we’ll take a closer look at the recent struggles of Bitcoin, which failed to break the $30,000 mark and subsequently fell 10% in value. We’ll explore what’s behind this dip, and what it means for the broader cryptocurrency market.

Following our Bitcoin discussion we will have Max Butsaltier, the founder of Cryptooracle.io on the show to talk all about the latest going on with the ‘degens’ and meme coin mania.

Join us on Bulls, Bears & Blockchain

With so much at stake, it’s crucial to stay informed and involved in these discussions.

Don’t miss this opportunity to engage with experts and make your voice heard in this critical conversation.

Join us on Twitter Spaces today at 5:30 pm EST and stay informed about the latest market trends. See you there!

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