European markets opened choppy Thursday, reversing negative momentum seen for much of the week.
The pan-European Stoxx 600 index opened 0.1% higher, with sectors spread across positive and negative territory. Travel and leisure stocks were down 0.8%, while oil and gas made the biggest gains, up 0.8%.CNBC Pro: UBS downgrades stock of a company with 400,000 workers — thanks to 'significant uncertainty' from AI
UBS has downgraded the shares of a company, which has around 400,000 customer service agents worldwide, over the "significant uncertainty" it faces from the rise of artificial intelligence. The investment bank downgraded its rating on the stock from "buy" to "neutral," citing concerns that new AI tools could significantly disrupt the customer experience industry that the company dominates.CNBC Pro: Morgan Stanley names the global stocks set to be 'disadvantaged' from rising yields