For those who want to focus on Donald Trump's victory there is a To sleep, Digital world acquisition, destined to merge with the tycoon's media company. Dwa is considered a sort of barometer of Trump's fortunes, which are now destined to explode. Shares rose 88% after retirement of Ron De Santis since the race for the White House. There clear victory in New Hampshire over challenger Nikki Haley has made a new rally possible, even if the shares are now nowhere to be found.
Trump's electoral fortunes are certainly not the only driver of the market rise. Even if the China, despite the strong incentives promised by the Beijing government, is struggling to attract the interest of investors Jack's charm But it doesn't fade. The news that Ma is back to buying securities was enough Alibaba to make the stock rise by a good 7%.
Netflix bets on wrestling: +8%
Meanwhile, sparks are flying on the Nasdaq Netflix, the first of the “Magnificent Seven” to face scrutiny. The streaming giant closed the last quarter of 2023 with 13,1 million new subscribers, exceeding initial estimates and reaching a total of 260 million users. Revenues also grew (8,8 billion dollars), while profits amounted to 937,8 million. But above all the platform concluded a agreement for five billion dollars to broadcast the meetings live World wrestling entertainment since January 2025. The stock has risen by 8%.
This push translates into new stimuli to rise for the United States stock market, despite two consecutive record-breaking days. S&P500 +0,3%, Nasdaq +0,4%, Nasdaq 100 +0,4%, FANG Plus +0,9%, remain at the top and with futures indications.
Today, thanks to the accounts of Tesla, we could see new all-time highs. All seven wonder companies, (Alphabet, Amazon.com, Apple, Meta Platforms, Microsoft, Nvidia and Tesla), closed higher. The patrol gains 4,4% this month, more than double the performance of the S&P 500. The rest of the list is much more prudent. The S&P500 rose 0,3%. Dow Jones -0,4%. Nasdaq +0,4%.
US GDP also comes out on Thursday: +2% expected
Bank of America reports that investors subscribed to about $4 billion in tech funds in the two weeks to January 17, the largest two-week inflow since August.
The data will be released on Thursday US GDP of the 4th quarter. A substantial slowdown is expected, to +2,0% from +4,90% in the third quarter. Even more attention will be paid toPCE price index, the Fed's preferred inflation gauge, which will be released on Friday.
THEEurope, on the eve of the summit of ECB, is struggling to keep up with Wall Street's pace, also because the macro picture is decidedly less robust, especially in Germany. But much will depend on the indications from Frankfurt: in the event of accommodating indications beyond expectations, the Bull can resume the race. Our FtseMib (30.107) has been moving sideways for about two months in the narrow range 30.863/30 thousand.
Bond supply is running high in Europe
European stock markets open higher. Ftse-Mib, +0,30%. EuroStoxx50 Futures +0,5%. Euro dollar at six-week lows at 1,084. BTP at 3,89% on the eve of the ECB which should lleave rates unchanged to 4%. Experts will be following the statements of the president, Christine Lagarde, very carefully.
Il placement of bonds in Europe has established a new record for the month of January: since the beginning of the year, primary market operations have reached a total of 293,7 billion euros, according to data collected by Bloomberg. The final figure will certainly be higher because KommuneKredit Denmark and the Canadian Province of Ontario are preparing new issues for the next few days.
Hong Kong is running, the turning point in rates in Japan is approaching
Le stock exchanges of Asia Pacific are contrasted at the end of the session. The rebound in Hong Kong's Hang Seng materializes, +1,9%, after rumors about the arrival of a stock market stabilization fund.
Nikkei of Tokyo -0,8%. The dollar weakens against yen and the yield rate on Japan's ten-year bond reaches its highest level in about a month at 0,71%: the effects of the statements released by the governor of the central bank are being felt, Kazuo Ueda, during the press conference to present the monetary policy decisions on Tuesday. Second Akio Kato, senior manager of the strategic research division of Mitsubishi UFJ Asset Management in Tokyo, comments on the pursuit of the Bank of Japan's mandate objectives show that there has been “considerable progress in preparations for the end of negative rate policy. The 10-year rate is likely to rise to around 1% as early as February.”
Il Kospi of Seoul loses 0,4%, the Taiex of Taipei and theS&P Asx of Sydney are around parity. It opened higher BSE Sensex of Mumbai, +0,6%.
Brent stationary at $79,60, just below yesterday's prices. Data from the American Petroleum Institute show that US crude oil inventories fell by 6,7 million barrels in the week ended January 19, as severe cold in parts of the country disrupted production.
Mps, the numbers are flying. Stellantis, HSBC cuts forecasts
Ps: Corriere della Sera writes that the quarterly will bring surprises on the coupon front. The board of directors should in fact evaluate the distribution of a dividend for the financial year ended, one year ahead of CEO Luigi Lovaglio's plan. The two acquittal sentences of the former Mussari-Vigni leaders and Viola Profumo will significantly reduce the petitum and will consequently free up resources useful for further strengthening the bank's capital
stellantis: HSBC cuts rating from Buy to Hold, target price from 24 to 22 euros. The group is calling on the Italian government to support sales of electric vehicles to also help protect the Mirafiori plant, group CEO Carlos Tavares said, adding that Italy's approach to incentives has resulted in several months of reduced auto production.
stm presents the quarterly data tomorrow. Tonight Texas Instruments released guidance for the next quarter that was lower than expected: the stock lost 4%. This morning, chip machinery maker Asml Holding reports that orders more than tripled last quarter compared to the previous three months.
Tim: Vivendi, the largest shareholder, has asked the European Commission to examine the role played by the Treasury in the proposed sale of the fixed network, Reuters says.
