1. Nvidia results prompt deluge of gushing market reactions
Analyst commentary on Nvidia’s stunning second-quarter revenue beat came in thick and fast today, with major investment banks roundly applauding the chipmaker’s blockbuster results.
2. Hays results spark warning of UK employment downturn
As a major player in the recruitment scene, Hays is often looked at as a bellwether for the wider workforce economy.
3. Rolls-Royce could reach 600p in upside scenario, says UBS
“Rolls-Royce offers a compelling risk/reward ratio, though both risks and rewards are high: we see an upside scenario where the stock is valued at £6 and a downside scenario of £1,” the Swiss bank said in a note on Thursday.
4. FTSE 100 closed up 13 points at 7,333
The FTSE 100 closed higher but well off early best levels as Nvidia-enthused gains lost impetus as the day progressed.
5. HSBC mortgages among top picks after week of cuts
Following another week of cuts to its rates, HSBC currently offers interest of 5.25% on a 70% loan-to-value five-year fix, with this including a £999 product fee.