(CercleFinance.com) – The New York Stock Exchange should open relatively stable, given futures up 0.1% on the S&P500 and the Nasdaq-100, the day after a euphoric session by Nvidia, a real locomotive for American markets for months.
‘In a market where performance is very concentrated, Nvidia’s excellent results are certainly much more important for the short-term trajectory of the stock market than any statistics or central bank decision,’ says Pictet. AM.
Indeed, the title of the processor designer jumped more than 16% on Thursday, dragging in its wake the equity indices as a whole, starting with the Nasdaq Composite with a strong technological component, which gained almost 3%.
This last session of the week could, however, see buyers take a break after these vigorous gains in the stock markets (+2.1% on the S&P500), and while no macroeconomic data is expected this Friday.
In stock news, Warner Bros. Discovery unveiled Thursday evening a net loss of $400 million for the last three months of 2023, divided by five in annual comparison, but adjusted EBITDA down from 5% to 2, 47 billion.
For its part, the accounting and tax software publisher Intuit published, for its second quarter 2023-24, an adjusted EPS up 20% to 2.63 dollars and an adjusted operating profit up 17 % to a billion all round.
Bristol Myers Squibb announces the success of its takeover bid worth more than four billion dollars for the RayzeBio group, as well as a favorable opinion from the CHMP of the European Medicines Agency for its Reblozyl in transfusional anemia.
Copyright (c) 2024 CercleFinance.com. All rights reserved.