Stocks - Europe

Stocks

The STOXX 600 Lost 8 Percent in Five Weeks. The Recovery Trade Is Collateral Damage.

The STOXX 600 peaked at 628 on Feb 18. Five weeks later it sits at 575. Goldman forecast 8% returns. Lagarde says markets are too optimistic. What happened.
Stocks

Orlen Just Surpassed Gazprom in Market Cap. The Rest of Warsaw Is Having a Much Harder Week.

WIG20 at 3,274. Orlen just surpassed Gazprom in market cap at an all-time high. KGHM is testing key support for the fourth time. PKO BP posted record profits. Warsaw is three different trades right now.
Stocks

The PX Hit an All-Time High in February. It Has Since Lost 10%. Here Is What Actually Happened.

PX hit an all-time high of 2,805 in February. It has since fallen 10% to 2,512. The CNB meets on March 19. Here is what is driving Prague lower and what matters next.
Stocks

Fertiliser Stocks Are the New Oil Trade. The Strait of Hormuz Doesn’t Just Move Crude.

CF Industries hit a record. Intrepid Potash touched a 52-week high. Hormuz carries 33% of global urea. The fertiliser trade is the one nobody saw coming.
Stocks

The Prime Minister Just Told Poland’s Biggest Company to Sacrifice Its Margins. The Market Heard Something Worse.

Tusk told Orlen to absorb oil price shocks. The stock fell 3.8%. WIG20 lost 4.5%. Foreign capital got a lesson in what emerging market political risk costs.
Stocks

ISM Prices Just Printed 70.5. The Dollar Rallied. Rate Cuts Didn’t.

ISM Prices Paid surged to 70.5, the highest since 2022. EUR/USD dropped to 1.17, GBP/USD clings to 1.34 as rate cut bets collapse.
Stocks

The Meta Oversight Board Just Told Every AI Company What Comes Next

Suzanne Nossel warns AI companies need external oversight as Europe's AI Act faces enforcement delays, Washington gridlocks, and 77 percent of Americans distrust the technology.
Stocks

Netflix Walks Away From Warner Bros. With $2.8 Billion in Its Pocket and Wall Street’s Blessing

Netflix dropped its $82.7B Warner Bros bid in under two hours. Paramount's $111B deal won, but Wall Street thinks the loser got the better outcome.
Stocks

Rolls-Royce Asks Taxpayers for £200 Million — While Returning Up to £9 Billion to Shareholders

Rolls-Royce seeks £200m in UK taxpayer funding for its £3bn UltraFan 30 engine — while announcing £7-9bn in buybacks and record £3.5bn operating profit.