Cerebras Shares Jump 11% After AMD Announces AI Inference Partnership
Shares of AI hardware firm Cerebras Systems surged after AMD CEO Lisa Su announced a partnership to develop a joint product for fast AI inference, set to launch later this year.
Latest by Marcus Chen
Finnish Stocks Fall as Basic Materials and Tech Shares Weigh on OMX Helsinki 25
Finland's benchmark OMX Helsinki 25 index closed down 1.50% on Thursday, dragged lower by sharp declines in basic materials and technology stocks, including Stora Enso and Nokia.
Polish WIG30 Index Ends 1.34% Lower on Sector-Wide Losses
Warsaw's benchmark WIG30 index fell on Thursday, dragged down by significant losses in the banking, basic materials, and technology sectors. The decline came despite gains in energy stocks, which were buoyed by a surge in global oil prices.
Meta vs. Alphabet Pair Trade Tops List of Market Opportunities, Analysis Shows
A recent market analysis highlights a long Meta, short Alphabet position as the most compelling among five potential pair trades, citing a significant valuation gap and divergent stock performance.
French Stocks Fall as Tech Sell-Off Drags CAC 40 Down 1.64%
France's benchmark CAC 40 index closed down 1.64% on Thursday, weighed down by a sharp decline in technology and consumer goods stocks. Semiconductor firm STMicroelectronics was the session's worst performer, plunging over 17%.
German DAX Slumps 1.77% as Technology Sector Sell-Off Hits Frankfurt
Germany's benchmark DAX index closed sharply lower on Thursday, dragged down by significant losses in technology and software stocks. The technology-focused TecDAX index saw the steepest decline, falling over 2.5%.
BEL 20 Closes Marginally Lower as Sector Weakness Offsets Argenx Gains
Belgium's benchmark stock index, the BEL 20, closed nearly flat on Thursday, as losses in consumer and technology stocks counteracted a significant rally in pharmaceutical firm Argenx.
Swedish Stocks Close Lower as Basic Materials and Healthcare Drag Down OMX 30
Sweden's benchmark OMX Stockholm 30 index fell 0.60% on Thursday, pressured by losses in the basic materials and healthcare sectors. The decline came amid a weakening Swedish Krona and a surge in global oil prices.
AEX Index Closes Down 1.28% on Broad Sector Weakness in Amsterdam
The Dutch AEX benchmark index fell 1.28% on Thursday, weighed down by significant losses in the consumer services, financials, and industrial sectors, with BE Semiconductor leading the declines.