Table of Contents:
An increase in the confidence index
In the month of November, the American consumer confidence index, drawn up by the Conference Board, showed a significant increase, from 109.6 to 111.7 points. This figure represents a positive sign for the US economy, suggesting a recovery in consumer confidence. However, it is important to note that the October figure was revised upwards, bringing it to 108.7 points, while Bloomberg forecasts indicated a value of 111.8 points for the current month.
These discrepancies highlight the uncertainties that
characterize the market.
Market reactions
The opening of Wall Street showed mixed reactions, with the Dow Jones falling after reaching an all-time record. Conversely, the S&P 500 hit a new intraday high. The tensions in the market are amplified by Donald Trump’s recent statements regarding the new trade tariffs imposed on Mexico, Canada and China. Investors are waiting for minutes from the Federal Reserve, which could provide further guidance on interest rates and the future direction of monetary policy
.
Business Operations and Investments
In a context of economic uncertainty, the company WIIT recently made a purchase of 5,000 treasury shares worth 99,600 euros, part of its buyback program. To date, WIIT has purchased a total of 30,900 shares, corresponding to 0.11% of the share capital. Despite these transactions, the stock fell by 0.60% in Piazza Affari, closing at 19.74 euros. This trend highlights that even buyback transactions are not always sufficient to support the value of shares in a volatile market
.
Financing and innovation in the technology sector
The United States Department of Commerce recently reduced funding for Intel to 7.86 billion dollars, through the U.S. CHIPS and Science Act, compared to the 8.5 billion originally planned. This support is intended to boost semiconductor production and advanced packaging projects in various American states, while also supporting significant future investment by Intel in the country. Such measures are crucial to maintaining the competitiveness of the United States in the technology sector
.
New opportunities in the European market
In a context of innovation, LightOn, a French company specialized in generative artificial intelligence, has joined Euronext Growth Paris, setting a record in Europe. The company raised 11.9 million euros through an IPO, with a market capitalization of 62 million euros. The funds raised will be used to expand sales and invest in the innovation of the Paradigm platform, aiming for a transformative impact at an international level. This development underlines the importance of innovation and technology in the current economic landscape.
