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US tech stocks: Mixed feelings after earnings figures
US tech stocks: Mixed feelings after earnings figures

US tech stocks: Mixed feelings after earnings figures

The shares of the major US technology companies, which had performed very well for a long time, have also fallen recently. The latest half-year figures left the market with mixed feelings: although the figures were largely as expected, there were hardly any increases in profit expectations. Nevertheless, the outlook remains positive, which for fund manager Bernhard Ruttenstorfer has several reasons.

Massive Investments to Solve Chip Industry’s Supply Bottlenecks as Demand Soars Further
Massive Investments to Solve Chip Industry’s Supply Bottlenecks as Demand Soars Further
(c) Pohl, Alexander / Action Press / picturedesk.com

Massive Investments to Solve Chip Industry’s Supply Bottlenecks as Demand Soars Further

The increased demand for semiconductors continues to cause supply bottlenecks. This is why the EU wants to boost Europe’s share of the global market in semiconductor production. In particular, computers and mobile phones as well as consumer electronics are in demand.

US earnings season gets off to a positive start, Netflix with record figures
US earnings season gets off to a positive start, Netflix with record figures
(c) unsplash

US earnings season gets off to a positive start, Netflix with record figures

On the world’s stock exchanges, earnings season in the USA is being followed with great interest. During this period, almost all major listed US companies report on their past financial quarter and give an outlook for the coming year.