Weekly market update: Dr Powell at Wall Street’s bedside

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News Snapshot:

Up: Confluent +29.86%: The platform specialising in data flows was acquired by IBM for £11 billion. The IT giant intends to strengthen its software offering as data exchange volumes continue to grow. Carvana +13.99%: The company specialising in the purchase and sale of used cars joined the S&P 500 during the week. The group is thus benefiting from new inflows linked to its inclusion in ETFs tracking the index. Ciena +8.29%: The communications solutions manufacturer posted strong quarterly results, marked by an increase in revenue and profits. The group also took the opportunity to unveil an optimistic outlook for 2026….