Asian and European Markets Mixed, Energy Rises While US Futures Trade In Red - Global Markets Today While US Was Sleeping
Portfolio Pulse from Akanksha Bakshi
US markets ended higher on Monday, with the Nasdaq boosted by Tesla's surge due to optimism around artificial intelligence. Asian markets were mixed, with gains in Japan and Australia, but declines in China and Hong Kong. European markets were also mixed, with SAP SE shares falling due to Oracle's weak revenue forecast. Commodities saw a rise in energy prices, while US futures traded in red. Investors are awaiting August CPI data for insights into the Federal Reserve's rate hike plans.
September 12, 2023 | 10:42 am
News sentiment analysis
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POSITIVE IMPACT
Tesla's stock surged due to optimism around artificial intelligence, boosting the Nasdaq.
The surge in Tesla's stock price due to optimism around artificial intelligence has had a positive impact on the Nasdaq. This indicates a positive sentiment towards the company and its potential in the AI sector.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Oracle's weak revenue forecast has led to a fall in SAP SE shares, indicating economic challenges affecting cloud spending by businesses.
Oracle's weak revenue forecast has led to a fall in SAP SE shares, indicating economic challenges affecting cloud spending by businesses. This suggests a negative sentiment towards the company and its potential in the cloud sector.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
SAP SE shares fell due to Oracle's weak revenue forecast, indicating economic challenges affecting cloud spending by businesses.
SAP SE's shares fell due to Oracle's weak revenue forecast, which indicates economic challenges affecting cloud spending by businesses. This suggests a negative sentiment towards the company and its potential in the cloud sector.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80