Global stocks are mixed as Trump's tariff comments stir uncertainty, impacting Asian markets. European stocks edge higher, buoyed by AI investment news, while U.S. markets show cautious optimism.
World shares were mostly lower on Monday after U.S. stocks edged back from their all-time high, with many Asian markets closed for holidays. In early European trading, Germany's DAX dropped 1.1% to 21,
Sterling faded to USD1.2459 early Monday, from USD1.2490 at the time of the London equities close on Friday. The euro fell to USD1.0462 from USD1.0510. Against the yen, the dollar perked up to JPY156.10 from JPY155.70.
The Chippenham, England-based renewable electricity supplier and energy services provider will be acquired by energy transition Esyasoft at 490 pence per share. It gives values Good Energy's issued and to be issued share capital at GBP99.4 million, and implies an enterprise value of GBP67.8 million.
The same tech companies that have benefitted from the AI frenzy in the past year were getting pummeled before markets even officially opened on Monday.
Consumer sentiment declines for the first time in six months, semiconductor stocks drop 1.9% while pharmaceuticals gain. Asia rallies and Europe dips.
Golden Goose, the maker of the Super-Star sneakers brand, said Hong Kong investment firm Blue Pool Capital acquired a minority stake, a move that is expected to support the Italian fashion company’s growth ambitions.
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Investors dumped technology stocks in premarket trading Monday, sending U.S. indexes sharply lower after Chinese artificial intelligence startup DeepSeek demonstrated a chatbot that it says rivals the top versions from OpenAI and Google for a fraction of the cost.
Asian markets mostly fell Monday on fresh trade fears after Donald Trump's threat to impose huge tariffs on Colombia in retaliation for its refusal to accept deportation flights from the
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