Coinbase gains, unemployed claims, mortgage interest: What can be seen

00:00 Speaker A

Time for Thursday, May 8th, sponsored by Tastytrade. If we start with the winning front, we will get another round of income tomorrow. Among them are Shopify, Hefier-Busch and Conocophillips. Shopify announces results for the first quarter before the markets. Analysts expect the Q1 results of Shopify to look strong from customers who buy early to avoid tariffs. Investors will be exactly a comment on instructions and how the ascent in the first quarters can affect the upcoming quarters.

00:37 Speaker B

If you look at the employment population, the initial data for unemployed claims in the morning are canceled. Economists predict forecast unemployment claims will decrease to 230,000 compared to the week before the week, whereby the layoffs slow down and that the labor market shows a certain resilience.

00:53 Speaker A

And switched to residential construction, weekly mortgage landing data from Freddie Mac that come out in the afternoon. The reading of last week fell to 6.76%and marked the second week of the decline in a row.