European shares open 1% higher on ASML, earnings boost

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 59 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 63%

Equipment Manufacturer News

Chip Equipment,ASML

European shares climbed nearly 1% on Wednesday, driven by a raft of corporate updates, while heavyweight ASML led overall gains on report that the Dutch chip...

- European shares climbed nearly 1% on Wednesday, driven by a raft of corporate updates, while heavyweight ASML led overall gains on report that the Dutch chip equipment manufacturer was exempt from a fresh U.S. rule on foreign chip equipment exports.Shares of ASML surged 8% after Reuters reported that a new U.S. rule on foreign chip equipment exports to China will exempt some allies. The regional tech sector jumped 3.3%.Jet engine and equipment maker Safran climbed 1.

Wolters Kluwer dropped 6% after the Dutch information services company reported its first-half results.French inflation accelerates to 2.6% in July, but below forecasts The Hong Kong market has recently experienced a downturn, with the Hang Seng Index retreating by 2.28% amid broader economic concerns and policy uncertainties. Despite this, growth companies with high insider ownership continue to attract attention due to their potential for robust profit growth and alignment of interests between insiders and shareholders. In this environment, stocks that exhibit strong profit growth expectations alongside substantial insider ownership can be particularly...

Hamas leader Ismail Haniyeh was assassinated in Iran early on Wednesday, the Palestinian militant group said, drawing fears of wider escalation in a region shaken by Israel's war in Gaza and a worsening conflict in Lebanon. Israel has sought to show it can get anyone, anywhere. It has assassinated or attempted to kill leaders of Hamas and key operatives since the group was founded in 1987 during the first Palestinian uprising against the occupation of the West Bank and Gaza Strip.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nvidia, ASML, and TSMC stocks are getting hammered — here's whyChip stocks are getting hammered. Reasons why include a media report that the US is considering tighter export restrictions and a broader rotation out of Big...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

What to expect from Netflix, TSMC, ASML earnings this weekThis week will see several high-profile companies report their second-quarter earnings results. Key players across various sectors, including streaming giant...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »