Analysts have lowered their target price to 55 euros

Diasorin downgraded to ‘sell’; UBS cites mounting competitive pressures

Buying of shares in the sector across Europe following strong performances on the Asian markets

US quarterly results give AI a fresh boost; Prysmian and St rise

On Wall Street, earnings reports from CoreWeave and Super Micro Computer are bolstering the tech sector. Oil prices are volatile, with OPEC having further reduced its forecast for demand growth in 2026

EU stock markets close on a subdued note amid US inflation and uncertainty over the Strait of Hormuz; in Milan (-0.01%), tech shares shine - 

The Geneva-based group emphasised that its performance for the quarter was boosted by the launch of new products and ‘strong commercial momentum’

Alcon shares rise in Zurich following a quarter of accelerating growth and an upward revision to its guidance

As reported by *Il Sole 24 Ore*, Baglietto’s chief executive, Diego Michele Deprati, has confirmed the company’s interest in the production assets in the La Spezia area

The Italian Sea Group continues its rally; Baglietto is also affected

The stalemate in the Strait of Hormuz is driving up oil prices. Saipem is also benefiting from rumours of an offshore project in Kuwait

Oil shares are rising across Europe, with Eni and Tenaris performing particularly well in Milan

EasyJet: the Apollo era begins – talks with Virgin on long-haul flights

Wall Street also remained largely unchanged. According to Pakistan, the US and Iran are close to reaching an agreement. Spot gold has returned to $4,400 per ounce

Stock markets lack momentum amid uncertainty over the Strait of Hormuz and oil price volatility. In Milan (+0.1%), Eni tops the list 

Haiki+ soars and comes close to the price of the takeover bid launched by SG Holding for its delisting

Porsche shares fall in Frankfurt; fears of industrial action following pressure over VW’s job cuts

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