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Weekly markets recap: Losses deepen as risk-off sentiment prevails

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Alphabet earnings: Key metrics focus on Google Cloud and ad revenue

Alphabet is set to report its second-quarter earnings later today, with artificial intelligence (AI), cloud, and advertising revenue remaining key focuses. Wiz walked away from a $23 billion deal with Google hours before the earnings release.

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Up to 8.5 million Windows devices were affected by Friday's IT outage after Crowdstrike's antivirus update went awry.

22/07/2024

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ASML Holding saw its largest weekly drop since 2002, falling 17%, due to potential US restrictions on chip exports to China. Bank of America views the impact as manageable, suggesting the sell-off may be a buying opportunity.

22/07/2024

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ASML shares plunge as geopolitics overshadow strong earnings

The Dutch chip equipment maker, ASML, reported better-than-expected earnings for the second quarter. However, its shares plunged due to stricter US export curbs on exports to China.

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The measures that would be needed to enable the EU to produce large-scale digital champions are clear and straightforward. They would benefit not only our digital sector but also pension funds, the insurance sector and future pensioners, J. Scott Marcus writes.

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GSMA MWC Shanghai 2024 concluded with the show‘s largest ever international participation, welcoming nearly 40,000 attendees from a record 124 countries and territories for three days of innovation showcasing and collaboration.

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GRANOLAS is an acronym coined by Goldman Sachs during the first European lockdown in 2020, representing the largest European companies by market cap at that time.

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Nvidia surpasses Apple and Microsoft in market cap, becoming the most valuable company in the world, thanks to the artificial intelligence (AI) boom.

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The latest artificially intelligent innovations have been unveiled at the VivaTech show in Paris starting this Wednesday and running through Saturday.

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Nvidia is set to release its first-quarter earnings for the fiscal year 2025. Investors will be particularly focused on the performance of its data centre.

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IBM announces plans to create 800 new high-tech jobs across Ireland

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Euroviews. The EU's Digital Markets Act is a double-edged sword

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