Spain's benchmark IBEX 35 index closed down a marginal 0.07% on Tuesday, as losses in construction and financial stocks outweighed gains in other sectors. Telecom and travel tech shares were among the top performers in a mixed session.
An international tribunal has ordered Mexico to pay U.S.-based Vulcan Materials approximately $15 million over the closure of a mining operation, a sum representing less than 1% of the $1.7 billion the company originally sought.
The eyewear giant reported first-half revenue that fell short of analyst consensus, overshadowing a significant beat on operating profit and sending its shares lower.
The iPhone maker's market value topped the $5 trillion mark during intraday trading on Tuesday, driven by strong sales and a capital-light approach to artificial intelligence.
The Ray-Ban maker reported a 15% rise in first-half adjusted operating profit, beating analyst forecasts, as sales from its AI-powered glasses and myopia management portfolio showed significant growth.
Fast-fashion retailer Shein revealed in its Hong Kong initial public offering documents that its U.S. business is under investigation by the Federal Trade Commission, adding a layer of regulatory uncertainty as the company prepares to go public.
An international arbitration tribunal has ordered Mexico to pay Vulcan Materials approximately $15 million, a fraction of the $1.7 billion the U.S. firm sought over the closure of its limestone operations. The ruling largely favored the Mexican government, concluding a long-running dispute initiated under the former North American Free Trade Agreement.
Advanced Micro Devices (NASDAQ:AMD) shares have fallen over 15% this week amid a broad semiconductor downturn, creating a clash between near-term market fears and the company's long-term AI growth story fueled by a recent Anthropic deal. Investors are now focused on the upcoming August 4 earnings report for direction.
Amid a sharp sell-off in AI hardware stocks driven by capital spending fears, analysis from WarrenAI shows that more diversified exchange-traded funds like KOMP and AIQ are showing greater resilience compared to funds heavily concentrated in semiconductor and infrastructure companies.
