STOXX 600 rises 0.7% as tech leads, oil and gas slips
Europe’s STOXX 600 is up 0.7%; DAX +0.8%, CAC +0.6% and FTSE +0.4%. European tech shares gain 1.7%, while oil and gas stocks fall 0.6% as Brent crude futures are down 2.1% to $101.65/bbl.
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Europe’s STOXX 600 is up 0.7%; DAX +0.8%, CAC +0.6% and FTSE +0.4%. European tech shares gain 1.7%, while oil and gas stocks fall 0.6% as Brent crude futures are down 2.1% to $101.65/bbl.
Billionaire activist Dan Loeb ‘s Third Point LLC raised a stake in ASML Holding (NASDAQ: ASML ) in the second quarter. The investor more than doubled its stake in the semiconductor company, increasing it from 12,000 in the first quarter of 2026 to 30,000 as of June 30. Meanwhile, Third Point exited its entire stake in
Infleqtion (INFQ) said it was awarded a $20 million follow-on contract from NASA to continue development of the Quantum Gravity Gradiometer Pathfinder. The stock is also higher following its Q2 results and 2026 guidance raise.
President Donald Trump, hedge fund billionaire Bill Ackman and entrepreneur Anthony Pompliano criticized New York’s decision to temporarily halt approvals for new large-scale data centers. President Donald Trump ‘s One Big Beautiful Bill Act cost the clean energy, manufacturing and industrial sector $82.8 billion throu
() -- ASML (ASML) is expected to benefit from continued growth in extreme ultraviolet, or EUV, demand, with supply tightness likely to continue for the next two to three years, RBC Capital Markets said in a note Monday. According to RBC, robust generative AI investment, tight DRAM supply and intensifying competition am
Earnings season kicks into high gear next week, with a slate of heavyweight companies set to report quarterly results between July 12 and July 18. As investors look for fresh insight into corporate earnings, guidance and the broader economic backdrop, options traders are already betting on how sharply these stocks coul
US futures signalled a bounce in technology stocks at the start of a week in which South Korea s memory giants will put the artificial-intelligence trade to yet another test. Chipmakers The iShares Semiconductor ETF (SOXX) was up more than 2.5% in premarket trading Monday, rebounding after a two-day slide last week tha
Shares of chip wafer-fabrication-related companies are trading higher after Susquehanna raised its price targets on several industry peers, including Applied Materials and Lam Research. The firm raised its forecast for wafer fab equipment spending.
Applied Materials Inc. (NASDAQ: AMAT ) is the best-performing stock in the S&P 500 this month, surging about 54% in June. It is a move with almost no precedent in the company’s history. On Applied Materials’s monthly return record stretching back to the early 1970s, a single-month gain this large has happened only twic
ASML's price target is raised to $2200 at Wells Fargo
Wells Fargo raises ASML target price to $2200 from $1750