Shares in the French call-center operator fell nearly 6% after JPMorgan reinstated coverage with an 'Underweight' rating, forecasting declining free cash flow amid sector-wide pressures from AI automation.
Shares of German IT provider All For One Steeb AG surged over 90% after VINCI Energies launched a public takeover offer at a significant premium. The bid is strongly supported by a majority of existing shareholders and the company's board.
Investment firm Evercore anticipates a robust June earnings season for IT hardware companies, fueled by strong demand for AI infrastructure. However, the firm warns of potential margin pressure from rising component costs and expects cautious forward guidance.
A study by Meta's Oversight Board found that AI models from OpenAI, Google, and others refused to generate politically critical content about restrictive countries 34% of the time, compared to just 14% for more permissive nations.
Vertical Aerospace has announced a partnership with Near Earth Autonomy to equip its Valo aircraft with autonomous flight systems, signaling a strategic expansion into defense and uncrewed commercial operations.
GE Aerospace has raised its full-year 2026 profit guidance, citing resilient spending by airlines on engine maintenance and spare parts despite broader market pressures.
RBC Capital Markets raised its rating on the Swiss luxury group to 'Outperform' and increased its price target, citing robust jewellery demand and forecasting a new phase of accelerated earnings growth.
India's Nifty 50 and BSE Sensex indices ended Thursday's session nearly unchanged, with gains in technology stocks counteracting losses in sectors like real estate and healthcare amidst a broader market decline.
Shares of major health insurers rose after UnitedHealth Group significantly raised its full-year earnings guidance and reported second-quarter results that surpassed analyst expectations.
