European markets set to open lower as French political upheaval drags on

Opening calls

The FTSE 100 is expected to open 8 points lower at 8,341 on Friday morning, while the German DAX index is slated to lose 24 points at the opening, according to IG, bringing it down to 20,334.

Meanwhile, IG is predicting that the CAC 40 will open around 8 points lower at 7,322.

— Chloe Taylor

CNBC Pro: Top picks for 2025: Stocks from Korea, Japan, Hong Kong and Malaysia among Macquarie’s favorites — all with more than 50% upside

Macquarie has named several Asian companies as its top picks for 2025, with predicted gains ranging from 50% to over 80% in their share prices.

The selection spans multiple sectors including technology, automotive, defense, and power utilities, reflecting the investment bank’s positive view on these industries for the coming year.

CNBC Pro subscribers can read more here.

— Ganesh Rao

Source

World

Paul Tudor Jones says AI bull market has ‘another year or two to run’

May 7, 2026

Paul Tudor Jones said the artificial intelligence-fueled bull market still has further to run, adding that he recently bought more related stocks as he looked for parallels to earlier tech booms. The billionaire hedge fund manager said recent advances in AI resemble the emergence of transformative technologies such as Microsoft’s early software dominance in the […]

World

Whirlpool says Iran war causing ‘recession-level industry decline.’ The shares are down 20%

May 7, 2026

Whirlpool shares tumbled Thursday after the iconic appliance maker warned that the war in Iran triggered a severe downturn, underscoring how sharply higher fuel prices and collapsing consumer confidence are beginning to weigh on big-ticket purchases. “War in Iran resulted in recession-level industry decline in the U.S. as consumer confidence collapsed in late February and […]

World

Gold and silver’s historic rally could resume ‘as fog of war lifts’, market watchers say

May 7, 2026

Argor-Heraeus’ CEO Robin Kolvenbach holds one kilo bars of silver and gold at the plant of refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022. Denis Balibouse | Reuters The rally that propelled gold and silver to record-breaking highs in 2025 could pick up again if a U.S.-Iran peace deal is reached, market […]