While the European Stock Exchanges proceed without a single direction on the other side of the ocean Wall Street celebrate the quarterly Hi-Tech and leave aside the data on US GDP, which slows down to +2,1% but beats expectations.
In New York it goes up S & P 500 (+0,5%), weaker the Dow Jones which continues the day just above parity. On the shields the Nasdaq (+0,9%). The technology sector is proceeding apace despite Donald Trump's outstretched entry into Google and Apple: “There may or may not be national security fears over relations between Google and China. If there is a problem we will find out, I sincerely hope that there is not”, chirps the president referring to Big G. Then he passes to the apple company, specifying that it will not have any exemption from duties for the components of the Mac pro produced in China . “Produce them in the United States and you will have no duties,” he clarifies.
Investors decide to ignore the US President's tweets, focusing their attention on the numbers. The focus is all for A (Google) which closed the second quarter of 2019 with a net income of 9,95 billion dollars, earnings per share of 14,21 dollars, revenues up 9% to 38,94 billion and advertising revenues up 16 % to 32,6 billion. The Mountain View giant also announced a $25 billion buyback plan. The results wowed the market and the stock gained 11% to $1.257 per share. It doesn't look bad Twitter, which rises by 9,4% after publishing a quarterly above expectations which showed a 14% increase in active users that can be monetized. Also up sharply Starbucks (+7,3%) which improved its guidance for 2019 after recording quarterly revenues up 6%, the best performance for three years. Instead, it disappoints Amazon (-1,4%).
In Europe, the lists seem to want to give themselves another day to metabolise the news that arrived yesterday from the ECB. The best is Paris (+0,57%). It follows Frankfurt (+0,47%). Down Madrid (-0,69%) And Milano (-0,3%). Outside the Eurozone he beats everyone London (+0,8%), where it stands out Vodafone which in the wake of the quarterly accounts marks +10,6%. For the telecommunications company today was a day of big news. In addition to the budgets, Vodafone has announced the birth of a new European tower company, TowerCo, while in Italy he signed a historic deal with Tim which also involves Inwit (+ 4%).
In Milan, the agreement pushes the title to the top of the Ftse Mib Telecom Italy (+4,05% to 0,517 euros). Up too stm (+1,9%) which benefits from the fervor on international tech stocks, good Buzzi (+ 1,21%) and Atlantia (+1,46%). Weak banks: the worst is Ubi (-3%), in red Finecobank (-2,67%), Unicredit (-0,75%), Understanding (-0,5%).
Below parity Eni (-0,08%) in quarterly day, however, among the oil companies the worst is Tenaris (-2,5%). You save Saipem (+ 0,8%).
Outside the Ftse Mib it bounces Bio-On (+60%), after the debacle of the last few days in the wake of Quintessential's accusations.
On the bond it spread it rose to 194.5 basis points due to internal tensions in the government over the flat tax, while the yield stood at 1,579%. Speaking of the exchanges, theeuro it stands at 1,1186 against the dollar (from 1,1161), while the price of the Petroleum: Brent (-0,3%) to 63,19 dollars.
