US stocks rise to standard levels with the profits of technology companies
US stocks rose to new standard levels on Friday, with investors ready for the profits of some of the largest technology companies in “Wall Street” next week. The “EC & B500” index rose 0.4%, which scored the fifth highest level, and achieved profits for the fourth week in a row. The “Nasdaq 100” index, dominated by the technological sector, rose 0.2%to close at a record level. The Bloomberg index for the shares of Giant Technology Companies, known as “The Seven Great”, ended the session at 0.5%, lower than the first record since December. The profits increase the confidence of investors in US stocks, strengthening the strong profits of companies’ investor confidence in US equities as companies have reached the highest percentage of profits since the second quarter of 2021. Traders will monitor the results of next week for the ‘Seven Big’ companies, Apple, Amazon, Microsoft and Mita, with the search of the ability of this giant fair. Also read: “Bank of America” renews its warnings of a stock bubble. Saksu Bank Neil Wilson said: “Spending on artificial intelligence, the demand for cloud computing and digital advertising is one of the most important topics of the profit season of major technology companies that supports the last market to reach its highest historical levels.” He added: “Given the market focus on the” power 7 “index, these numbers will be decisive for the market as a whole.” The “EC & B500” index rose 1.5% during the week, while the Nasdaq 100 added about 0.9%. A shoe business is rising .. and “Intel” decreases and one of the most prominent shares that saw the rise on Friday, “Deckeers Outdoor”, whose shares rose after sales surpassed the Auga shoes and Huka shoes to run the expectations of analysts. The shares of “Intel” have dropped for fear that CEO, Lip Build Tan, is preceded to reduce the cost of restoring the technological excellence of the business. Charter Communications saw how the worst day after the company announced it had lost more internet customers compared to expectations in the second quarter. The shares of “Neumont”, the largest gold mining company in the world, jumped after it exceeded profit expectations. If you focus on customs tariffs, also follows traders at the commercial level, as US President Donald Trump continues to negotiate with US trading partners on customs tariffs. Before leaving on a golf trip to Scotland, Trump suggested that the risk of reaching an agreement with the European Union to lower the tariff of customs rates at its 50-50 imports. Earlier this month, Trump issued a message that the European Union will face 30% on most commodities on most commodities if it does not reach an agreement by the first of August, in addition to customs duties for specific sectors. Also read: The European Union negotiations and America are on their way to a 15%fee agreement, Paul Christopher, head of the global investment strategy at the Wales Fargo Investment Institute, said: “From our point of view, an agreement with the European Union is needed for the continued rise in share prices, but it will not be surprising.” He added that “the only surprise is not to reach an agreement by the first August.” Meanwhile, Bank of America, led by Michael Hartnet, warned against the increasing risk of bubble in stock markets, while eliminating monetary policies in conjunction with the softening of financial regulatory restrictions. His remarks came in the wake of the renewal of investors’ receptivity on the shares of MIM, which led to great heights in the shares of companies such as “Colors Corp”, “Joe Pro” and “Krisby Karim”. “The larger retail sector, larger liquidity, larger fluctuations, larger bubble,” Hartnett wrote in a note.