The Ibex 35 started Thursday’s session virtually flat, with a slight rebound in 0.01%which led to the selective 11,333 points, after ending yesterday at 11,332 points.
At the close of Wall Street, while the European markets were already closed, the American technology giant Nvidia presented its quarterly results, something that investors were waiting for with great interest, as the company is currently the largest representative of Artificial Intelligence (AI).
Concretely, the American manufacturer of electronic chips and graphics cards reported net income of $16.599 million (€14.858 million) in its fiscal second quarter ended July, a figure that represents a 168.2% increase in profits over the same quarter last year.
The income of Nvidia Between May and July, they totaled a record $30,040 million (€26,889 million), 122.4% more than a year earlier, thus exceeding the company’s own forecasts, while costs increased by 84.6%, up to $7,466 million (€6,683 million).
However, the results of the technology company disappointed due to its high expectations for the third quarter of the year, in which it is confident that its turnover will reach 32.5 billion dollars (29.091 million euros), with an upward or downward deviation of 2. %. This led its stock, which closed Wednesday’s session down 2.10%, to register a drop of almost 7% in after-hours trading.
In addition to digesting Nvidia’s financials, investors will have their eyes fixed today on the anticipated CPI data from Germany and Spain for August, as well as second-quarter GDP and jobless claims in the United States.
Bouquetin 35 companies
The biggest increases in the Ibex 35 were:
- ACS: +0.61%
- Amedee: +0.50%
- Grifols: +0.43%
- Santander: +0.40%
For their part, the biggest drops were:
- Repsol: -0.64%
- Railway: -0.4%
International markets
THE major European stock exchanges They were located as follows:
- Frankfurt: +0.06%
- Milan: +0.06%
- Paris: +0.06%
- London: -0.1%
At the opening of sotck exchangeThe price of a barrel of Brent quality oil, the benchmark for the Old Continent, was trading slightly higher at 77.62 dollars, while Texas was up barely 0.05% at 74.56 dollars.
On the market of exchangeThe price of the euro against the dollar stood at 1.1126 green billswhile in the debt market, interest rates on 10-year bonds have climbed to 3.097%.
