Share

Stock Market Today, October 31: Europe closes the month amid big tech gains and new moves by Nvidia. Interpump immediately rises in Milan, while Intesa Sanpaolo falls – LIVE

European stocks decline, with Interpump rising at the Milan Stock Exchange, and Intesa Sanpaolo down after the results. Wall Street surges with Amazon, Nvidia, and Netflix.

Stock Market Today, October 31: Europe closes the month amid big tech gains and new moves by Nvidia. Interpump immediately rises in Milan, while Intesa Sanpaolo falls – LIVE

Le European stock exchanges close lower with Milan slightly below par, while the main markets of the continent follow the correction at the end of the month in Asia. Wall Street, on the other hand, runs, driven by its Big Tech, after the excellent accounts of Amazon (sales +13% to 180,2 billion, above 177,8 expected) and Apple (+8% turnover to 102,5 billion, above the consensus of 102,2). The former is rallying on the Nasdaq, the latter, after a positive opening, has turned downward. The rebound of Nvidia, The company with the highest capitalization in the world, which has signed a historic agreement with Samsung, Hyundai and Sk Group to supply over 260.000 chip to AI projects in South Korea. It also runs Netflix which announced a stock split today.

READ MORE Why Apple, Amazon, and Nvidia are pushing higher di G. Bruschi

In Europe, Milan After a morning of gains, Milan reversed course, closing below par. Other markets fared even worse: negative. Paris, Frankfurt e Madrid, as well as Amsterdam e London. At Piazza Affari it stands out from the very first bars Interpump which closed the session with a rise of approximately 5%. Purchases also on Prysmian, which benefits from quarterly results in line with an improvement in guidance, albeit expected, Ferrari and Unicredit. At the bottom of the Ftse Mib is instead Understanding, despite the excellent quarterly accounts which showed profits of 7,6 billion in the 9 months. Sales also on Tim and on utilities.

comments