Wall Street has closed with purchases this Wednesday (Dow Jones:+0.71%; S&P500:+0.39%; Nasdaq:+0.19%), in a market that has negatively discounted the Alphabet resultswithout losing sight of the Macro data. He Dow Jones has been the most bullishpowered by Nvidiawhich has shot thanks to the expansion of its Blackwell chip. For its part, the Nasdaq has quoted almost the entire day, although it has turned at the end to end in green. The chips manufacturer has risen 5.35% after Supermicro will announce the availability of its data centers enhanced with the last Nvidia chip. All this in a market that is still pending of the commercial war started with the tariffs of Donald Trump. «Everything seems to indicate that this afternoon/night The presidents of the United States and China, Trump and XI, will have a conversation about itbeing feasible, that not certain Link Securities.
Alphabet does not convince
In the results chapter, the Google matrix 7.29% have fallen after disappoint with your incomeespecially with those from Cloud. As for the net profit of the company, it has elevated 28.27% In the fourth quarter, up to 26,536 million dollars. «Alphabet is being punished for not meeting quarterly income expectations for the first time since February 2023 and for invest in artificial intelligence. Investors expect impeccable execution by the technological giant, but a weaker growth of what is expected in cloud computing implies that The madness of artificial intelligence is not automatically becoming great profits For infrastructure suppliers, «explains Dan Coatsworth, investment analyst at AJ Bell. For Jesse Cohen, Senior Investing.com,» although investments in AI are promoting the strong commitments of Capex of the company, The market is questioning the monetization rate. The great fall of Alphabet reflects the disappointment of investors before its double challenge: the slowdown to Google Cloud growth and the persistence of a high capex without immediate returns. «» The street requires clearer deadlines on when the expenditure in AI is translated In benefits and sales growth, not only in promises. The reaction underlines the Concern that rivals like Microsoftwith your OpenAi association, are better positioned to convert the AI hype into income«, he adds. For its part, Advanced Micro Devices (AMD) It has sunk 6.27% after presenting quarterly results that have disappointed with the behavior of the division of data centers, despite the fact that profits and total turnover have been better than expected.
Private employment data
The other point of interest to the market is in macroeconomy. Thus, this Wednesday the Private Employment Report of the January ADP consultancywhich has exceeded forecasts. The agenda has also included the PMI and ISM January services, that have shown a new expansion of the sector although at a lower pace. However, the main course will arrive on Friday with the Official Employment Report For which the creation of 170,000 payrolls is expected, which is a moderation since December 256,000. «Any improvement in data will further further stake And it will help to postpone the expectations of an upcoming type cuts later. For now, the first type cut is expected for June, the earliest date, «says Ipek Ozkardeskaya, Swissquote Bank's senior analyst.
Other markets
In other markets, oil West Texas has dropped 2.06% ($ 71.21) and Brent has yielded 1.92% ($ 74.74). For its part, the euro 0.26% ($ 1,0405) has been appreciated, and ounce of gold has won 0.23% ($ 2,882). In addition, the 10 -year American Bonus Profitability has relaxed 4,428% and the Bitcoin has yielded 1.25% ($ 97,459).