Tech stocks stand tall in Europe after strong FANG, Nokia earnings

  • 📰 Reuters
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

European stocks rose on Friday, with technology shares leading the way after bumper earnings from Wall Street's big tech names and Nokia eased nerves about global growth amid surging coronavirus cases.

The top gainer on the STOXX 600 was Finnish telecom network equipment maker Nokia , which surged 13.8% after reporting an unexpected rise in underlying profit as it reduced low-margin business.

“We had blockbuster numbers from Apple and Amazon, and updates from Facebook and Alphabet were solid as well. That’s lending some positivity to the markets,” said Connor Campbell, a financial analyst at SpreadEx. A resurgence in COVID-19 cases in Europe weighed on the mood as Britain imposed a tougher lockdown in swathes of northern England after a rise in the rate of coronavirus transmission.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ok.. as soon as i have more than $30.00 in my Wells Fargo Account i'll keep it in mind...

The Bitcoin Association has appointed Patrick Prinz as Its European and Operations Manager with the responsibility to drive the growth of BSV's business across Europe and support the organization's operational needs worldwide

Motivation If you want to be strong, Learn to FIGHT alone.

Fi

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines