Turkish BIST 100 Index Falls 1.21% to One-Month Low on Sector-Wide Weakness
Turkey's benchmark BIST 100 index closed down 1.21% on Monday, hitting a new one-month low amid broad-based losses led by the chemical, petroleum, and technology sectors.
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Danish Stocks Gain as Healthcare, Consumer Sectors Outweigh Maersk Decline
Denmark's OMX Copenhagen 20 index closed 0.57% higher on Monday, lifted by strong performances from companies like Coloplast and Pandora, while shipping giants A.P. Moller-Maersk and DSV faced significant losses.
JBS Stock Surges on USDA Forecast for High Beef Prices
Shares of the world's largest meat processor rallied after a U.S. Department of Agriculture forecast signaled sustained price inflation for beef amid a historically small U.S. cattle herd.
Oklo Stock Nears 52-Week Low Despite Federal Nod for AI Nuclear Power Project
Nuclear energy developer Oklo Inc. is trading near its annual low, down 79% from its peak, even after being selected for a $200 million federal initiative alongside Microsoft and Nvidia to power AI data centers.
Apollo Global to Invest $1.5 Billion in Keppel's Oil Rig Spinoff Fund
Apollo Global Management will invest $1.5 billion into a new Keppel private fund holding six oil rigs, a move designed to help the Singaporean conglomerate monetize non-core assets and free up capital.
Warsaw's WIG30 Index Gains 0.51% on Strength in Tech and Banking
Poland's benchmark WIG30 index closed higher on Monday, driven by strong performance in the information technology and banking sectors, even as the broader market showed signs of weakness.
LVMH Q2 Sales Rise 3% as Strong US Demand Offsets Geopolitical Headwinds
The luxury conglomerate reported a modest rise in second-quarter revenue, as a 6% sales jump in the U.S. helped offset flat performance in Europe and headwinds from regional conflict.
Expand Energy to Acquire Twin Eagle for $1.25 Billion in Gas Marketing Expansion
Expand Energy announced a definitive agreement to purchase natural gas marketer Twin Eagle Holdings for $1.25 billion, a strategic move to create one of North America's leading integrated natural gas companies.
AMD Stock Tumbles Over 8% Amid Broad Semiconductor Selloff, AI Spending Concerns
Shares of Advanced Micro Devices fell sharply as investors grew anxious about the sustainability of AI infrastructure spending, following cautionary signals from Intel and Alphabet's recent earnings reports.