Wednesday, June 19, 2024
HomeEconomyEuropean markets open for closing, earnings, data and news

European markets open for closing, earnings, data and news

Date:

Related stories

15 minutes ago

Stocks open slightly higher on Thursday

one hour ago

Adyen payments company is down 28% after earnings

Shares of Dutch payments company Adyen fell 28% by mid-afternoon Thursday after the company’s first-half earnings missed expectations.

Adyen serves tech giants Netflix, Meta, Microsoft and Sporify, but said its margins were squeezed by staffing costs and reported slowing revenue growth in North America.

– Elliott Smith

3 hours ago

Morningstar says ESG funds underperformed last year but are now starting to come back

Lindsey Stewart, Director of Investment Management at Morningstar, discusses the return of ESG and the importance of a long-term vision.

3 hours ago

European markets trimmed losses

The pan-European Stoxx 600 fell 0.2% in the late morning, after trimming previous losses by about 0.6%. Industrial fell 1.7% while mining stocks rose 0.8%.

5 hours ago

Norway’s central bank raises interest rates by a quarter of a percentage point

Norway’s central bank on Thursday raised its key interest rate by 25 basis points to 4%, citing resilient economic activity and a tightening labor market.

The Bank of Norway indicated that its monetary policy tightening so far is having an effect and that pressures on the economy are easing, with consumer price inflation subdued but remaining elevated.

“The future policy rate path will depend on economic developments. If the economy develops as currently expected, the interest rate will be raised further in September,” said Bank of Norway Governor Ida Wolden Pasch.

– Elliott Smith

6 hours ago

Biggest movers: Nibe stock down 11%, GN Store Nord stock down 9%, and Philips stock up 4%

6 hours ago

European stocks open lower

The pan-European Stoxx 600 fell 0.4% in early trade, as construction and materials stocks fell 0.8% to lead losses while miners bucked the general downtrend to add 0.8%.

7 hours ago

Here are the opening calls

Britain’s FTSE 100 is set to drop by about 49 points to 7,308, Germany’s DAX is expected to drop by about 99 points at 15,690, and France’s CAC 40 is expected to drop by about 51 points to 7,209, according to IG data. .

13 hours ago

CNBC Pro: Bank of America designates the world’s best stocks outside the consensus buy. Here are 12 of them

Bank of America has named a number of European Buy stocks that its analysts are most positive about.

The bank rated the stock based on its “win factor” — its analysts’ most consensus guess that came out of the stock consensus based on price targets and earnings estimates — in its August 11 research note. All names are taken from the FTSE Eurofirst 300 index.

CNBC Pro subscribers can read more here.

– Lucy Handley

13 hours ago

CNBC Pro: China’s economy is teetering on — and these European companies are among the most vulnerable

13 hours ago

CNBC Pro: Ark Invest says it’s not hardware AI that it’s focusing on, it’s software — and it names two stocks

The company wants to invest in software names related to artificial intelligence, says Renato Legi of Ark Invest.

While investors have focused largely on Nvidia, which makes advanced graphics processing units used for artificial intelligence operations, Ark Invest wants to “focus on that piece that nobody really cares about,” said Legge, the company’s client portfolio manager.

He explains why two stocks are called the company’s “focus”.

CNBC Pro subscribers can read more here.

– Wizen tan

Izer
Izer
"Devoted student. Bacon advocate. Beer scholar. Troublemaker. Falls down a lot. Typical coffee enthusiast."

Latest stories