LONDON — European stocks opened higher on Thursday, building on positive momentum in the previous session. The pan-European Stoxx 600 was 0.5% higher by 9 a.m. in London (4 a.m. ET), with most sectors trading in positive territory. Autos and technology stocks led gains, with their respective indexes each trading around 2% higher. Shares of…
Mistral AI logo is displayed on a mobile phone screen. Anadolu | Getty Images Nvidia-backed Mistral AI clinched a 11.7 billion-euro ($13.8 billion) valuation in a in a Series C funding round that saw Dutch chip equipment maker ASML secure a major stake in the French firm. ASML pumped 1.3 billion euros in Mistral AI’s…
TSMC workers walk down a hallway in a chipmaking fab in Taiwan. The company is building three such plants in Arizona. TSMC Taiwan Semiconductor Manufacturing Co. said on Tuesday that it had detected “unauthorized activities” that lead to the discovery of potential trade secret leaks. The world’s biggest semiconductor manufacturer told CNBC that it has…
Jakub Porzycki | Nurphoto | Getty Images Meta Platforms declined to sign the European Union’s artificial intelligence code of practice because it is an overreach that will “stunt” companies, according to global affairs chief Joel Kaplan. “Europe is heading down the wrong path on AI,” Kaplan wrote in a post on LinkedIn Friday. “This code…
An icon of ASML is displayed on a smartphone, with an ASML chip visible in the background. Nurphoto | Nurphoto | Getty Images ASML on Wednesday warned of the possibility of no growth in 2026, even as it beat top and bottom line expectations for the second quarter. ASML’s guidance for the current quarter missed…
CNBC’s Jim Cramer on Friday told investors what to follow next week as earnings season kicks off, highlighting reports from JPMorgan, Netflix, Goldman Sachs and PepsiCo. “Once we process the new tariffs, we’ve got a ton of earnings reports coming next week, so you better keep your eyes open,” he said. Tuesday brings earnings from…
