Regional stocks closed slightly higher Wednesday, regaining steam after a subdued start to the session. On Thursday, investors will be keeping an eye out for earnings from Lloyd's of London and JD Sports Fashion will issue a trading update. German unemployment data and Italian consumer confidence data for March are due.were trading near the flatline overnight as the S&P 500 approached its best first-quarter performance in five years.
's launch of powerful new artificial intelligence chips, Goldman Sachs is predicting major growth for memory chips used in AI systems. The investment bank expects the total addressable market for HBM to expand tenfold to $23 billion by 2026, up from just $2.3 billion in 2022. The Wall Street bank sees three major memory makers as prime beneficiaries of the booming HBM market. Investors can buy three stocks through concentrated exchange-traded funds or diversified funds.Earnings will come from Lloyd's of London and JD Sports Fashion is set to issue a trading update. German unemployment data and Italian consumer confidence data for March are due.
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