Cac futures in quiet morning trade
In quiet morning trade, CAC futures hover near unchanged levels, awaiting consumer confidence data from France. The consolidation phase could be a prelude to a breakout, with traders eyeing key triggers such as US CPI and ECB speeches later in the week. On Wall Street, CoreWeave jumped 11.7% after saying Meta Platforms will pay up to $14.2 billion for a new order for cloud computing power made under its existing service agreement, with the potential for more. "This valuation is clearly higher than general perception (~estimated £1bn, ~8.5x [adjusted earnings]) but closer to [Deutsche Bank estimate]," said Lamotte in a note to clients. "The sale should generate a strong positive reaction today and this represents delivery on our Buy case." CAC futures saw a slight pullback this morning, with traders booking profits after five consecutive sessions of gains. Market depth data shows bids absorbing selling pressure near 7,560, suggesting underlying demand could keep the market supported.
Return this item for free
We offer easy, convenient returns with at least one free return option: no shipping charges. All returns must comply with our returns policy.
Learn more about free returns.- Go to your orders and start the return
- Select your preferred free shipping option
- Drop off and leave!