Europe to open lower as markets question tech valuations; Novo Nordisk earnings ahead

Europe to open lower as markets question tech valuations; Novo Nordisk earnings ahead



European stocks are expected to open lower, mirroring global declines as concerns grow over sky-high tech valuations.



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Novartis shells out  billion for immunology biotech Excellergy, in second multi-billion dollar deal in a week
World

Novartis shells out $2 billion for immunology biotech Excellergy, in second multi-billion dollar deal in a week

A sign of Swiss pharmaceutical giant Novartis is seen on the top of a building at Novartis Campus in Basel, northern Switzerland, on Sept. 9, 2025. Fabrice Coffrini | AFP | Getty Images Novartis is planning to buy U.S.-based biotech Excellergy for up to $2 billion, betting on a next-generation allergy treatment that may prove […]

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U.S. ambassador to EU: Stop fining Big Tech
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U.S. ambassador to EU: Stop fining Big Tech

The European Union needs to dial back regulation of U.S. big tech companies if it wants to be part of the AI economy, the U.S. ambassador to the EU Andrew Puzder told CNBC on Friday. “If the European Union is going to participate in the AI economy…They’re going to need data centers, data and access […]

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European stocks fall as Trump extends Iran strike hiatus and G7 ministers meet
World

European stocks fall as Trump extends Iran strike hiatus and G7 ministers meet

Lightning occurs when META 4, an Oil Products Tanker, sails into Muscat Anchorage on March 21, 2026 at Sultan Qaboos Port in Muscat, Oman. Elke Scholiers | Getty Images European stocks fell on Friday after U.S. President Donald Trump extended the ongoing hiatus of attacks on Iran’s energy infrastructure. Shortly after the opening bell, the […]

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