The ‘six-legged dog’ also benefits from ExxonMobil awarding contracts worth approximately $1.1 billion in Mozambique

Oil companies in the spotlight: Saipem and Eni shine in Milan

Indices are under pressure due to rising crude oil prices, driven by US-Iran tensions, and sell-offs in the tech sector (amplified by the Nasdaq). Treasury yields have reached their highest level since 2007. The euro is trading below 1.16 dollars, whilst the spread closed higher at 82 points.

EU stock markets in the red amid tensions over the Strait of Hormuz and bond yields; Milan brings up the rear (-1.1 per cent); Wall Street down

A warning has come from Frankfurt: if share prices were to plummet, the eurozone would not emerge unscathed: households are exposed to US tech firms to the tune of 440 billion

ECB: AI boom, risk of a new dot-com bubble

The market is also keeping an eye on speculation regarding the possible sale of the Canadian plant in Brampton

Stellantis under the microscope, rumours of a review of its strategy in South America

The Chinese humanoid robot group could make its debut in Shanghai this week. Prysmian is also rising on the Milan Stock Exchange, whilst Infineon is standing out on the Frankfurt Stock Exchange

ST is in fine form, with excitement building ahead of Unitree Robotics’ listing

His holding company has rejected a non-binding offer from the investment fund for an 8.43 per cent stake in the company. This move could have triggered a $2.7 billion takeover bid for First Gen’s free float

Renewables giant First Gen plummets in Manila following rejection of KKR’s bid

Unusual Machines, a manufacturer of drones and drone components which appointed the president’s son, Donald Trump Jr., to its advisory board in November 2024, is up 26.63 per cent

Shares in drone manufacturers soar following Trump’s new tariffs

Thrive Capital invests $215 million in Amazon: Joshua Kushner’s stock market strategy

Confidence in AI is returning, with the chatbot start-up Claude enjoying a boom in the second quarter. Meanwhile, the 60-day US-Iran truce expires today, but there are no solutions in sight. Brent crude stands at $88 per barrel

Stock markets: Anthropic’s revenue soars, bolstering the Nasdaq. Milan stays afloat thanks to tech. WS -0.48%

Stock market: heading for another uneventful week - 

Tech firms put to the test by Unitree’s IPO

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