Market Overview

Global equity indexes futures are pointing in different directions currently ahead of address by Fed Chair Powell today at 17:00 CET. Wall Street closed mixed again on Thursday. Apple shares added 0.29% outperforming market, Nvidia shares lost 2.86% on Thursday amid reports Independent Director Mark Stevens sold $5.0 million worth of stock on the 27th of November, the largest sale by an insider in the last three months.

Global stocks are trading higher currently after Wall Street ended mixed on Wednesday following the upgrade of US third quarter growth advance estimate. Microsoft shares lost 1.0% while the software giant announced it will have a non-voting board seat at OpenAI startup, Nvidia shares rose 0.67% on Wednesday outperforming the market.

Global equity indexes are pointing in opposite directions currently after Wall Street rebounded on Tuesday. Tesla stocks jumped 4.51% outperforming market as Tesla raised the starting price of the Model Y Long Range in China by $280, the fifth consecutive weekly price increase on a Model Y trim going back to the end of the third quarter, Meta shares rose 1.28% on Tuesday.

Global stocks are trading mostly down currently after Wall Street resumed retreating on Monday. Microsoft shares rose 0.31% outperforming market, Amazon shares gained 0.67% on Monday amid reports the company surpassed both FedEx and UPS to become biggest US package delivery firm.

Global equity indexes are pointing in opposite directions currently as Wall Street ended mixed on Friday after a shortened trading day in the US. Amazon shares inched up 0.02% amid strikes in Europe while UNI Global Union warned that Amazon would face strikes and protests in more than 30 countries around the world including the United States, Nvidia shares lost 1.9% on Friday underperforming market amid news Nvidia told Chinese customers that it is delaying the launch of new AI chip H20 that is designed to comply with U.S. export rules until the first quarter of next year.

Global equity indexes futures are pointing in different directions currently ahead of Wall Street reopening today after Thanksgiving holiday on Thursday. Mitsubishi Heavy Industries, Ltd. surged 6.13% outperforming market after the company announced on Wednesday it expects to double its defense revenue to about 1 trillion yen ($6.68 billion) over the next three years, Kawasaki Heavy Industries, Ltd shares rose 3.44% today .

Global stocks are trading mixed currently after Wall Street ended marginally higher on Wednesday following mixed economic reports. Alphabet shares gained 1.11%, Nvidia shares lost 2.46% on Wednesday underperforming the market while the chip designer warned US export curbs could lead to a steep drop in sales in China.

Global equity indexes are pointing in opposite directions currently after Wall Street retreated on Tuesday. Tesla stocks rose 2.38% outperforming market amid reports Tesla vehicle insurance registrations in China surged 28% last week as the global EV leader attempts to reach record Q4 output and the 1.8 million vehicle deliveries the company targeted for 2023, Amazon shares lost 1.53% on Tuesday amid reports Jeff Bezos may sell as many as 8 million to 10 million shares amounting to roughly $1 billion worth of stock after Bezos last week unloaded about $240 million worth of Amazon shares.

Global stocks are trading mixed currently ahead of Federal Reserve’s November meeting minutes publication at 20:00 CET today. Wall Street extended gains on Monday. Alphabet shares gained 0.69% underperforming market, Microsoft shares rose 2.05% on Monday while the software giant hired Sam Altman, the ousted head of OpenAI, as well as a team of other researchers and artificial intelligence executives.

Global equity indexes are mostly down currently after Wall Street ended marginally higher on Friday. Apple shares inched up 0.01%, Microsoft shares lost 1.68% on Friday underperforming market after news of unexpected departure of ChatGPT chief executive Sam Altman. Microsoft has been a major investor in the artificial intelligence company.