Wall Street records more sales this Friday after the losses on Thursday, with the Nasdaq leading another session of falls. On this day, investors discount the losses Netflix results and they remain very attentive to the global failure in Microsoft and CrowdStrike. «The rotation from technology stockswhich continued to suffer from profit-taking, towards other sectors of the market, stopped suddenlywith the rest of the stocks/sectors also experiencing cuts, led by small and mid-cap stocks, which had become the 'stars' of this market in recent days,» Link Securities analyzes. However, these experts say that,» At the moment, we are not giving much importance to the falls in the American indices.which have all recently reached historic highs, cuts that we consider healthy, given the level of overbuying that many stocks presented. However, If the earnings season is not convincing enoughsomething that, for now, is not being achieved, the falls in this market They can go further in the coming weeks.» In the weekly computationWith the current session still to come, the New York indices are on track to end a mixed week, with the Dow Jones gaining 1.66%, while the Nasdaq and S&P 500 are down 2.87% and 1.26%, respectively.
NETFLIX DOES NOT FINISH CONVINCING
Netflix has given the starting signal for the Big Tech resultsThe streaming company has beaten market estimates by earning 2.147 millionwhich represents a 44.2% increase compared to the 1.488 billion obtained in the same period last year. The company's shares rose 5% on Wall Street, despite the fact that Their forecasts have failed to convince analysts. And looking ahead to the third quarter of the year, the firm anticipates «income growth of 14% year-on-year» to 9.727 billion, a figure that has disappointed the consensus, which expected 9.830 billion.
GLOBAL FAILURE AT MICROSOFT
The market is also attentive this Friday to global failure suffered by Microsoft and what is affecting numerous companiessuch as banks or airlines. The root of the problem lies in CrowdStrike and one of its latest updates. This American cybersecurity company suffered a major disruption of its servicesaffecting companies around the world. The firm plummets by 13% in the pre-opening of the market. Specifically, the problem focuses on the platform Crowdstrike Falcona cloud-based computer security program used by companies around the world to stop security breaches in operating systems such as Windows, MacOS or Linux.
COMPANIES AND OTHER MARKETS
In today's business, American Express has presented its results this Friday corresponding to the second quarter of the year, in which it has obtained a Net profit of $3.015 billion, an increase of 39% compared to the 2.174 billion obtained in the same period of the previous year. In addition, the firm has improved its forecasts for the year as a whole. In other markets, oil West Texas down 1.03% ($81.99) and the Brent yields 0.89% ($84.34). For its part, the euro depreciates by 1% ($1.0885), and the ounce of gold loses 2.43% ($2,398). In addition, the 10-year US bond yield is revalued at 4.235% and the bitcoin rises 1.26% ($64,039).