Investors have decided to believe Trump's new messages regarding progress towards a final agreement with Iran and rather consider the solid quarterly data emerged so far. They have thus clung to the locomotive driving the technology sector, as the price of oil rises. asian bags, upon returning from vacation, they immersed themselves in the climate of euphoria with Samsung which has reached a market capitalization of 1.000 billion. European stock markets are also expected to open higher.
Trump changes his tone: there is "great progress" toward a final agreement with Iran
Trump He said yesterday that he would suspend the U.S.-led operation to help stranded ships exit the Strait of Hormuz to see if an agreement could be reached with Iran to end the war. The president cited “great progress” towards a complete and final agreement with Iran.
It is unclear what progress Trump was referring to. did not provide details on negotiations, but analysts note that his statements marked a sharp change of direction from previous days, when he expressed frustration with the slow pace of talks and indicated he was dissatisfied with Tehran's proposals. Meanwhile, shipments through the Strait of Hormuz continue to be limited, and it will take time for the stranded tankers to be rerouted, for the insurance market to recalculate risks, and for production to resume at full capacity, analysts say.
Wall Street hit new records yesterday. Intel and AMD soared. Alphabet was close to overtaking Nvidia.
On Wall Street yesterday the S&P 500 and the Nasdaq closed at record levels, with a +0,81% and a +1,03% respectively, driven by Intel and other AI-related stocks, the Dow closed up 0,73%.
Intel rose 13% after that Bloomberg reported that Apple has begun exploratory talks about using the company's chips for its devices, a move that would offer an alternative to longtime partner Taiwan Semiconductor Manufacturing.Phlx chip index jumped 4,2% to an all-time high, and the index is now up 55% in 2026.
Advanced Micro Devices (AMD) forecast second-quarter revenue that exceeded Wall Street expectations, thanks to strong demand for data center chips. The company's shares are jumped 12% in after-hours trading, after a surge of around 65% since the beginning of the year.
A, Google's parent company, is on the verge of surpassing Nvidia as the world's most valuable company, thanks to a record stock rally fueled by its efforts in artificial intelligence and its thriving cloud business. If so, Alphabet would return to the top spot for the first time in over a decade, after a brief stint in February 2016, before Apple stole the top spot. In the meantime, however, we've seen a drastic change in sentiment, as Alphabet establishes itself both as a major AI services provider with its cloud platform and as a key chip rival to Nvidia with custom processors that have won over customers like Anthropic. The search giant has stunned Wall Street in recent months with cloud growth that far exceeded expectations and larger rivals Amazon and Microsoft, giving investors confidence that the hundreds of billions of dollars spent on AI will pay off.
Wall Street investors are shifting their attention to corporate data. According to Tajinder Dhillon, head of earnings research at LSEG, companies in the S&P 500 index are on track to record a aggregate earnings growth of 28% On a year-over-year basis in the first quarter, the strongest quarterly earnings growth since 2021.
La Sec, Wall Street's main regulator, has proposed allowing U.S.-listed companies to move from quarterly to half-yearly financial statements, Pursuing an idea that President Donald Trump personally championed during both his presidencies. The Securities and Exchange Commission's proposal would end a 55-year-old requirement that U.S. public companies publish detailed financial results four times a year, within 45 days of the end of their respective fiscal quarters. This would represent a profound shift in U.S. corporate governance, likely to be opposed by some investors.
Meanwhile, lower oil prices supported the bond market, with US government bonds long-term up during the New York session. This brought the 30-year yield below 5%. Despite this, bond traders are increasing bets that the next move of the Federal Reserve It could be an interest rate hike rather than a cut.
Asia euphoric after returning from vacation. Kospi superstars with Samsung. Tokyo remains closed.
The long journey is over holiday In many Asian markets, investors have been immersed in a tech-inspired euphoric climate.MSCI index Asian stocks rose 1,8%, hitting an all-time high. Japanese markets are still closed for holidays.
The Kospi index in South Korea, the symbol of AI investments, has jumped over 6%, touching a new record at 7.000 points, with Samsung Electronics which surged 15%, reaching a market capitalization of 1.000 billions of dollars, Becoming the second Asian company to reach this milestone, after TSMC. In the global rankings, Samsung, which recently overtook Berkshire Hathaway, is now closing in on Walmart.
In China The benchmark CSI 300 index rose 1,5% to its highest level since January 2022 as trading resumed, after a gauge of service sector activity showed business expanded at a faster pace in April, boosted by stronger growth in new orders.
The price of Brent fell 1,7% to around $108 a barrel
Sul currency market, Risk-sensitive currencies surged, with the Australian dollar rising 0,7% to $0,72400, its highest in nearly four years, and its New Zealand counterpart rising 0,9% to $0,59380, its highest in nearly two months. Meanwhile, the yen appreciated 1% against the dollar. The U.S. currency also weakened against all other G10 currencies.
European stock markets opened higher. At Piazza Affari, Leonardo, Banco BPM, and Credem were all eyes on the stock market.
European stock markets are expected to open higher, with Eurostoxx futures up 0,8%. Quarterly results from Banca Generali, Bper Banca, Campari, Nexi, Poste Italiane, and TIM are expected.
Leonardo double-digit growth in the first quarter of 2026. Profit jumped (+60%) to 184 million
Strong increases in orders and EBITDA, reaching €9 billion and €281 million, respectively. The 2026 estimates are confirmed. Debt is impacted by the acquisition of Iveco Defense. The shareholders' meeting will be held on May 7th, with the handover from Cingolani to the new CEO, Mariani.
UnicreditAfter yesterday's better-than-expected results, the focus remains on M&A. Bettina Orlopp, CEO of Commerzbank, said it was "unusual" that UniCredit's offer to acquire the German lender did not include a premium, adding that she remained open to discussions.
Bpm bank Banca Popolare di Sondrio closed the first quarter with a better-than-expected net profit, supported by strong commission growth that more than offset the decline in net interest income. During the conference call with analysts, CEO Giuseppe Castagna emphasized that the bank is "well-positioned" to seize any further consolidation opportunities in the sector, specifying that the group is evaluating all available options, both large and small, in both the banking sector and its product manufacturing operations.
believe recorded a 2,9% increase in net profit in the first quarter compared to the same period of the previous year, while the intermediation margin grew by 5,8%.
Amplifon The company closed the first quarter with revenues of €579,8 million (+0,8% at constant exchange rates), supported by organic growth of 2,2% and a record adjusted EBITDA margin of 24,5% (+60 basis points). For 2026, the company expects to outperform the market in key markets and significantly improve organic growth (more than 3%), as well as improve its adjusted EBITDA margin by around 100 basis points.
Ferretti, in view of the shareholders' meeting called for next May 14, Kkcg Maritime has communicated that the independent advisor Glass Lewis has expressed its voting recommendations in favor of the Kkcg list, in relation to the renewal of the board of directors.
LottomaticaIt published its first-quarter results, which showed a profit of 69,3 million euros, a significant increase compared to 51,5 million in the same period in 2025.
PrysmianThe company confirmed the possibility of mergers and acquisitions worth up to $4 billion and deals with hyperscalers in the coming weeks. Citi raised its price target to €146 from €113, a Buy rating confirmed.
Edison. Edison has received an update from QatarEnergy on the ongoing force majeure affecting liquefied natural gas supplies destined for the Adriatic LNG terminal. The communication concerns two additional cargoes scheduled for delivery in Italy by early July, in addition to the 10 cargoes already subject to previous communications. The company said it does not expect any impact on end customers. Edison also has a Board of Directors meeting scheduled for today regarding the first quarter.
