First Quarter
Coverage of First Quarter in the Nexus archive.
- First-quarter GDP chopped to 1.6%. Here’s why — and what it tells us about the economy.
The U.S. economy grew at a 1.6% annualized rate in the first quarter of 2023, reflecting moderate expansion. The report indicates a mixed performance, with the economy avoiding a severe downturn but also not showing robust growth.
- Billionaire families bet on semiconductor and energy stocks in first quarter during Iran war
Billionaire investors including David Tepper increased their positions in semiconductor and energy stocks during the first quarter despite geopolitical tensions from the Iran conflict affecting data center economics. The investment strategy suggests confidence in the semiconductor sector's long-term prospects despite short-term market pressures.
- Direct Lending Fundraising Hits Three-Year Low in First Quarter
Direct lending fundraising reached a three-year low in the first quarter of 2024, indicating a significant decline in capital raised for this sector. The drop highlights reduced investor confidence or market challenges in direct lending.
- How high gas prices have given used EV sales a jump start
Used electric vehicle sales rose 20% in the first quarter of this year compared to the previous year, driven by rising gas prices. The increase highlights a growing consumer shift toward cost-saving alternatives as fuel costs remain high.
- US Factory Output Rebound in First Quarter Extended Beyond AI
US factory output rebounded in the first quarter, extending beyond AI-driven sectors to indicate broader manufacturing recovery. The resurgence suggests improved industrial activity across multiple industries, not limited to artificial intelligence applications.