Nov 28th, 2023 – Today marked a very important moment in Bff Bank’s (BFF) history, as its stock price rose to the highest level ever since the Italian company went public in 2017. In fact, BBF closed at 10.43€ today, with a daily percentage increase of 5.14%. Also, Mediobanca’s research confirmed the outperform rating of BFF shares, mainly due to the advantages the bank gained through the approval of an european regulation regarding payment delays.
Leonardo (LDO) just signed a very remunerative agreement with Omni Helicopters International, according to which the italian company will deliver 2 AW189 and a AW189K to its portuguese counterparty, increasing its presence in Latin America. Furthermore, Leonardo entered into another deal with Leman Aviation which will receive 10 units of the new AW09 helicopter. Both contracts contributed to a sharp rise in LDO’s price up to 14.17€ (+1.14%).
Looking at Amazon (AMZN), during their Amazon Web Services (AWS) conference titled “Reinvent”, the Seattle based company presented its most recent innovation in the AI sector: it’s called Q, a chatbot that acts as a digital assistant, helping businesses in increasing employees’ productivity, reducing drastically production costs and improving customers’ satisfaction. Despite Amazon’s efforts to reach a relevant turning point after releasing Alexa in 2014, the share price dropped by 1.40% during the day, settling down at 134.20$. Portfolio holding Toyota (TM) (0.5 units @ 186.34). The company announced today they would sell 10% of their stake in Denso, a supplier, in order to raise cash for further EV investments. They were met with a positive market reaction, as their price rose by 0.55%.
Author: Piero Foberti