Nov 14th, 2023 – Today, among the top-performing companies on FTSE MIB there was Diasorin, one of the main Italian corporations that operate in the biotechnological sector. In fact, stock price closed at 91€, with an increase of 6.88% from the starting level after a relevant news regarding its management was released to the public: Diasorin CEO Carlo Rosa was found not guilty after he was accused of committing insider trading during the 2020 Covid lockdown in Italy, favoring a small group of investors.
October was not one of the best performing months for Airbnb, considering its legal troubles in Italy due to tax evasion with a consequent fine of 779 million euros imposed by Italian authorities. But now things seem to have changed. In fact, while the company announced the acquisition of Gameplanner.AI startup for 200 million dollars, its stock price performed very well today, rising around 7% on Nasdaq.
US inflation is starting to slow down. In fact, as it was reported today, consumer prices increased 3.2% in October, while analysts’ expectations were slightly higher, with a final percentage level of 3.3%. After the announcement was made, Nasdaq 100 and S&P 100 values increased more than 2% in the first case and between 1.7% and 1.8% in the latter. Also, the positive current US inflation trend will probably lead to a substantial decrease in interest rates by FED in March 2024.
On the Italian market, Unicredit is rapidly getting attention thanks to its board decision of issuing another retail bond, after the bank decided to do the same in October. In this last occasion, Unicredit bond was one of the most traded on the Italian MOT market, a result that is likely to be reached again by the Gae Aulenti banking group, with positive forecasts about
Author: Piero Foberti