Schneider Electric Shares Fall 3.8% After Capital Increase for PTC Deal
Schneider Electric shares fell 3.8% after the company launched a capital increase for its PTC deal.
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Goldman upgrades Palantir to buy
Goldman Sachs raised Palantir to buy from neutral, citing its positioning in bespoke software, sovereign AI and broader enterprise demand for AI tools. The stock was up 1.6% after the note.
European chip stocks fall on AI exposure selloff
European semiconductor shares fell as investors sold tech stocks with artificial-intelligence exposure. E-mini Nasdaq 100 futures also pointed lower, indicating weaker U.S. tech sentiment.
Oil futures jump on Gulf shipping and Iran strike fears
Oil futures rose sharply as concerns intensified over renewed strikes on Iran, attacks on shipping in the Gulf and production shut-ins ahead of Tropical Storm Isaias. WTI was up 4.7% at $92.46 a barrel and Brent gained 4.5% to $104.76.