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Latest stock market news: the markets are waiting for Powell, Fincantieri and Juventus are flying in Piazza Affari. The evolutions of gold and Bitcoin continue

Cautious price lists awaiting Fed President Jerome Powell's first hearing at the US Parliament – ​​US hi-tech rally continues, new highs for gold

Latest stock market news: the markets are waiting for Powell, Fincantieri and Juventus are flying in Piazza Affari. The evolutions of gold and Bitcoin continue

They don't stop the race ofgold, which reached new highs at 2241 dollars, and the evolution of the Bitcoin, dropped to around 60 thousand and then restarted at 66 thousand, awaiting new highs. 

The US technology rally

A Wall Street in the meantime the race continues Nvidia (+2,7%) before opening. Among the Magnificent Three protagonists of the rally of recent months, rebounds Tesla but the gap with Nvidia is growing, gaining +73,6% since the beginning of the year. Tesla, on the other hand, has lost -27% since January. 

But the excellent state of health in US technology is confirmed above all by Crowdstrike (+23%). The company, active in the field of information security, has published data and forecasts that exceed expectations. In the fourth quarter, revenue came in at $845,3 million, above expectations of $839,6 million. Adjusted EPS reached $0,95, above expectations. For the first quarter, the company sees adjusted EPS of $0,89-$0,90, above estimates of $0,82. Other companies in the sector also rise: Zscaler + 4% Palo Alto + 4%.

Fincantieri and Juventus fly to Piazza Affari

Returning to Business Square, another topic of the day concerns Fincantieri +8% returned to the defense risk thanks to the negotiation with Leonardo -0,5%. They are at an advanced stage the talks between Leonardo and Fincantieri for the transfer to the latter of Wass (Whitehead Alenia Sistemi Underacquei). Wass is part of Leonardo's Defense Systems division and operates in the construction of underwater defense systems, such as torpedoes and sonars. With the sale of Wass, Leonardo would disengage from a non-strategic activity, marginally improving the financial situation. Fincantieri is growing more and more in Defense, which today is worth around 40% of its turnover.

Also prominently featured Mediobanca (+1,8%) Kepler-Cheuvreux raised the target price from 14 to 15 euros. Good too Fineco e Tenaris, both +1,6%. 

The title Juventus earns 9%, a positive change not seen for three years. The rise is accompanied by strong volumes. The elimination of Lazio from the Champions League in fact facilitates the qualification of the Bianconeri for the next tournament in the USA, in which five Italian teams will participate.

However, the markets' attention is already focused on the key event of the afternoon: the first hearing of Jerome Powell to the US Parliament. 

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