Focus

• Investors are focusing on upcoming earnings reports from Alphabet and Intel to gauge the current health and trajectory of the AI trade. • Market attention is shifting toward U.S. corporate earnings as the broader financial landscape reacts to macroeconomic data and inflation trends. • Recent consumer and producer price data came in cooler than expected, easing immediate fears that the Federal Reserve would raise interest rates at this month's meeting.

• Intesa Sanpaolo's stock is trading steadily as investors focus on the Italian banking group's strong capital position and earnings power. • Market attention is centered on the bank's capital ratios, profit trends, and dividend capacity rather than short-term price fluctuations. • The group's financial performance is driven by corporate and investment banking, including corporate lending, M&A pipelines, and debt and equity market activities.

• Investors are focusing on upcoming earnings reports from Alphabet and Intel, which are expected to significantly influence the performance of the AI-driven trade. • The reports arrive as the U.S. corporate earnings season gains momentum, providing critical updates on the growth and monetization of artificial intelligence. • Simultaneously, markets are monitoring Federal Reserve interest rate expectations, with recent cooler-than-expected consumer and producer price data easing fears of an immediate rate hike.

• Wall Street is entering a critical phase of the corporate earnings season, with a primary focus on upcoming financial results from tech giants Alphabet and Intel. • Investors are closely monitoring Alphabet's AI spending strategies and overall profit growth to determine if current market enthusiasm for artificial intelligence is sustainable. • The semiconductor sector is experiencing increased volatility as high investor expectations clash with the actual performance of chipmakers.

• The U.S. corporate earnings season is accelerating, with over 80 S&P 500 companies expected to report their financial results. • Market attention is focused on Alphabet and Intel, whose updates will likely influence the AI trade and broader investor sentiment. • Other key reports are expected from American Express, Philip Morris International, and defense contractor RTX, following strong initial results from major U.S. banks.

• TSMC has raised its full-year outlook for the second time, with Chairman C.C. Wei predicting that AI demand will remain strong through 2030. • Political tension is rising as the Presidential Office, local governments, and various political parties exchange accusations regarding responsibility for a tainted oil scandal. • You Ying-lung has warned that the complexity of four specific referendum questions could delay vote counting until 3 a.m.

NBC and CNN stayed away from White House speech, while Fox News, MS Now, CBS and some ABC affiliates aired itThe US’s largest television stations split on whether to air Donald Trump’s White House address live on Thursday night, which was heavy on unproven accusations about the integrity of the 2020 election won by Joe Biden.While CNN, ABC and NBC chose not to air the speech live, CBS, Fox News and MS Now (formerly MSNBC) aired at least large portions of the speech live. ABC did not air the speech as a must-run broadcast, but some station affiliates – including the Washington DC station owned by right-leaning broadcaster Sinclair – chose to air the speech. Continue reading...