Amid concerns over the new escalation of the conflict in Middle East and the price of Petroleum with the 100 dollar mark in sight, the stocks linked to theartificial intelligence a Wall Street yesterday and in Asia today. In the background remain fears of a rise in'inflation to which central banks will have to respond with a rate increaseThe first to proceed in this direction will most likely be the ECB tomorrow.
Il geopolitical framework is becoming increasingly dark, fuelling fears that the conflict could degenerate into a wider warIran targeted a US base in Jordan in retaliation for American attacks on its oil tankers, while the Houthi, backed by Iran, hit several Saudi cities. Brent crude futures rose 1,23% to $99,12 a barrel, the highest level since late June and approaching the $100 mark for the first time since late July.
On the trade front, according to US officials, the United States they started procedures to prohibit the import of certain alcoholic beverages, dairy products and motorcycles from Canada. Meanwhile, theXNUMX-XNUMX business days and Canada are pursuing a partnerships broader agreement that encompasses trade and security, in an attempt to counterbalance the global influence of the United States and China.
Wall Street was weighed down yesterday by the software and crypto sectors, while Intel and Qualcomm soared. Apple will unveil its iPhone Duo today.
Wall Street closed lower yesterday, with renewed concern regarding the software sector which adds to those due to geopolitical and monetary tensions. S & P 500 -0,58% Nasdaq -0,32% Dow -1,18%.
Salesforce e Intuit they lost about 4%, while ServiceNow lost 5%. The launch last week of the new model of OpenAI , GPT-6 Astra, has reignited speculation that artificial intelligence could compete with services currently offered by specialized software companies. The S&P 500 Index software sector and services fell 1,4%, posting a decline for the second consecutive day. Shares of crypto companies following the decline in Bitcoin under $80.000. Coinbase: lost 3,1% and Strategy fell by 4,4%.
In reverse Intel jumped by 9% and Qualcomm rose 3,2% after reaching an agreement with Amazon to develop custom AI chips. MetaPlatforms Apple unveiled a new AI agent designed to perform tasks on behalf of the user, advancing Mark Zuckerberg's vision of a future where every person will have a personalized AI assistant.
The index energetic The S&P 500 rose 1%, with Marathon Petroleum up 2,4% and Occidental Petroleum up 1%. Apple fell 1,2% ahead of today's event in Cupertino, California, where the company is expected to unveil its latest smartphone under its new CEO. John ternus. Expectations are for the launch of its iPhone Duo foldable phone priced at around $2.000, as part of a new product launch event starting at 10 a.m. local time
Market participants have increased their bets on a rise in rates of interest on the occasion of the meeting of the Federal Reserve United States on September 15-16. For this reason, great attention will be paid to the data on producer prices tomorrow and that on consumer prices Friday. According to the CME's FedWatch tool, market participants are expecting a 60% probability of a rate increase. Economists predict that the index of consumer prices It will rise 0,4% in August, accelerating from the previous month, partly due to higher gasoline prices. Excluding volatile food and energy components, the core consumer price index is expected to have risen by a more moderate 0,2%, according to the median estimate of a Bloomberg survey. This would bring annual core inflation to 2,4%, the smallest annual increase since 2021.
Tech stocks remain strong in Asia. The yen confirms its gains against the dollar, and Bessen challenges the market.
Asian stocks semiconductor industry They extended recent gains thanks to continued investor interest in the artificial intelligence sector. The broad MSCI Asia Pacific index gained 0,4%, with the information technology sector making the largest contribution.
The South Korean SK Hynix rose above 4% today, helping to push up the Kospi up to over 2%, before reducing its gain to +1,4%: the Kospi has grown by 67% this year, becoming the best-performing major stock index in the world.
In Japan, the cable manufacturer Fujikura e Furukawa electric jumped after a multi-billion dollar deal between Verizon and Corning on high-density fiber optics, rekindling enthusiasm for initiatives in the data center industry. This has helped to maintain the Nikkei in positive territory despite the appreciation of the yen, which typically penalizes highly export-oriented Japanese stocks.
The behavior of the yenNormally, rising oil prices would weigh on the Japanese currency, given the country's heavy dependence on energy imports, largely from the Middle East. Instead, it continues its ascent toward seven-month highs against the dollar, as once crowded short positions are being swept away by bets on a faster pace of rate hikes by the Bank of JapanThe yen is rising today for the third consecutive day and is trying to return to Tuesday's high of 152,89 per dollar. The U.S. Treasury Secretary Scott Bessent He challenged market participants to counter his attempts to strengthen the Japanese currency, saying that when he makes market decisions these days, he is effectively doing so with insider information.
European stock markets opened lower. At the Milan Stock Exchange, attention was focused on banks, Fincantieri, and Lottomatica.
European stock markets expected to decline: the Eurostoxx 50 futures are down 0,44%.
banksAccording to the League, banks should contribute up to 3 billion euros to help the government finance tax cuts and spending increases in the 2027 budget law.
PsOn the eve of Intesa Sanpaolo's extraordinary shareholders' meeting regarding the takeover bid for Monte dei Paschi, Rocca Salimbeni's dual offer for Banca Generali and Banco BPM has reached Consob. This, MF-Milano Finanza notes, is one of the key points in the process outlined by CEO Luigi Lovaglio, with the surprise move reopening the banking game. Meanwhile, the board of directors of MPS has appointed Gianluca Brancadoro (independent) and Alessandro Caltagirone (non-independent) as non-executive directors, replacing two independent directors: Carlo Vivaldi and Fabrizio Palermo, both appointed by the April 15th shareholders' meeting and drawn from the list submitted by the outgoing board, which received second place in terms of votes.
Bff Bank. The first offers are coming in. A regular board meeting of the institution is scheduled for September 10th, under the guidance of the Bank of Italy, which at the end of March sent commissioners Francesco Fioretto and Raffaele Lener to join the board led by CEO Giuseppe Sica. The board meeting will examine several non-binding proposals put together by advisors Mediobanca and Morgan Stanley, including one from Cerberus. The American fund specializing in distressed assets and credit is already very active in Italy and will submit a "very detailed offer," a source said, not only for payment services and the custodian bank, but "for the entire scope of BFF."
AzimuthNet inflows in August amounted to €938 million, bringing total inflows to €10,2 billion since the beginning of the year. Total assets reached €159,4 billion (+13% since the beginning of the year).
MonclerHSBC cut its target price to 60 euros, from 67 previously, confirming its Buy rating.
believe The ECB has amended the documentation for its covered bond program, raising the limit from €5 billion to €7 billion. The changes were formalized in a master amendment agreement signed on September 3. The change also affects six series of outstanding covered bonds, maturing between 2028 and 2030.
FincantieriItaly and Greece signed in Rome the implementation agreement for the transfer, through Fincantieri, to the Hellenic Navy of two FREMM frigates, Carlo Bergamini and Virginio Fasan, currently in service with the Italian Navy. The implementation agreement follows the memorandum of cooperation and declaration of intent signed in September 2025 and further strengthens relations between Italy and Greece. The two transferred frigates will be replaced by two new FREMM EVO frigates, valued at €750 million each.
LottomaticaMoody's affirmed the company's Ba2 rating but upgraded its outlook from stable to positive. This move follows the agreement between Lottomatica and Cirsa for a cross-border merger through a share exchange, creating one of the world's largest listed operators in the gaming and sports betting sector.
Avio. The shareholders' meeting approved the proposed changes to the remuneration policy, the adoption of incentive plans based on financial instruments developed by the Board of Directors after consulting the Nomination and Compensation Committee, and the purchase of the company's own shares, in one or more tranches, for a total maximum value of 1% of the share capital. As of September 8, the company held 626.929 ordinary shares, equal to 1,34% of the share capital.
WebuildWith reference to the public purchase offer launched by Wuibuild
Regarding the ordinary Trevi shares, announced on July 29, the construction company announced that Consob has ordered the restart of the investigation period suspended on August 24, which will therefore expire on September 17.
generalfinance announced that it will exercise the call option on the €5 million Subordinated Tier II Callable 10% Fixed Rate 30 September 2021 – 30 September 2027 subordinated bond. The full early repayment will take place on October 6.
