Le European stock exchanges they travel in rise, while investors are for now ignoring the fears of the shutdown in the United States and look with interest at the start of the quarterly seasonLeading the rise are technology stocks, following the move by OpenAI which involved major chip manufacturers, from Nvidia a Oracle infrastructures , strengthening the prospects for artificial intelligence.
Across the pond, President Donald Trump warned that the halt of government activities could lead to further mass layoffs and jeopardize the release of US labor market data scheduled for Friday.
READ MORE Stocks are soaring on the wings of technology today after OpenAi's move on chips. di G. Bruschi
In Milan, Stellantis stands out thanks to encouraging registration data for September. Luxury also stands out with Moncler, Ferragamo and cucinelli after the third quarter sales and the clarifications provided by the top management in response to Morpheus Research's accusations. Classic Ferrari for sale rises instead after HSBC improved its rating to buy with a target price of 470 euros from 413. On the banking front, expectations are growing for the MPS cabinet meeting, called to approve the list of candidates for renewal of the Mediobanca boardAccording to rumors, Vittorio Grilli could be the chairman and Alessandro Melzi d'Eril, currently CEO of Anima, as the CEO. Moody's raised MPS's long-term deposit rating to BAA1 from BAA2, while Mediobanca's rating was lowered to BAA3 from BAA1. Unicredit It appears weak after confirming the reduction of its assets in Russia, with exposure almost zero and an estimated impact of around 70 basis points; however, the Russian unit could be seized by local authorities. Outside the FTSE MIB, it soars. Pharmanutra boosted by a positive report from Berenberg.
Il Petroleum maintains the positive trend, with Brent at 65,39 dollars (+0,06%) and WTI at 61,8 (+0,03%).euro remains stable above 1,17 dollars and the update all-time highs.
