Tuesday, January 18

Cedears: Embraer shares rose 18% after the announcement of the development of an electric plane


They will seek to “explore how a defense variant could be used for a variety of applications such as personnel transport, surveillance and reconnaissance, disaster relief and humanitarian response“, said the company that manufactures aircraft in a press release.

The rest of the main increases were led by Advanced Micro Devices (+ 7.4%), Alibaba (+ 7.1%), and Nvidia (6.4%). In relation to the papers with the highest market share, Tesla rose 4.2%, Mercado Libre rose 3.5% and Apple grew 2.4%.

The growth of the most traded Cedears happened in line with the main Wall Street indices that were driven by Nike and Micron after their good results, while technology stocks, heavily punished, recovered from the sharp decline of the previous day.

The S&P 500 rose 1.7%, while the Dow Jones grew 1.6% and the Nasdaq rose 2.4%



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