STOXX 600
A little-known biotech stock has become a prime takeover target after surging nearly 1,700% last year
Europe’s best-performing blue-chip stock in 2025 is widely expected to be bought by a larger peer, in a deal analysts say could be worth as much as $23 billion. Abivax, the French clinical-stage biotech company developing a treatment for ulcerative colitis and Crohn’s disease, saw shares rocket 1,681% last year, far outpacing the Stoxx 600 […]
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CNBC Daily Open: U.S. moves over Greenland are heating up quickly
A protester holds a sign reading ‘We are not for sale’ in front of the US consulate during a demonstration, under the slogan ‘Greenland belongs to the Greenlandic people’, in Nuuk, Greenland, on March 15, 2025. Christian Klindt Soelbeck | Afp | Getty Images U.S. President Donald Trump’s ambitions around Greenland are rapidly gaining concrete […]
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European defense stocks extend rally amid geopolitical tensions; Leonardo, Renk jump 4%
LONDON — European stocks were in negative territory at the opening bell on Thursday as market nerves linger over U.S. President Donald Trump’s threat to annex Greenland. The pan-European Stoxx 600 was last seen almost 0.3% lower. Global markets have been focused on rising geopolitical tensions this week after the U.S.’ deposing last weekend of […]
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CNBC Daily Open: Magnificent Seven competition heats up
A man walks past the Google signage outside the US tech giant’s Ananta office in Bengaluru, India, on Jan. 5, 2026. Idrees Mohammed | Afp | Getty Images There’s movement going on in the Magnificent Seven group of stocks. Shares of Alphabet, the parent of Google, rose 2.4% on Wednesday, to give the firm a […]
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CNBC Daily Open: Rumbles within the Magnificent Seven
Vcg | Visual China Group | Getty Images There’s movement going on in the Magnificent Seven group of stocks. Shares of Alphabet, the parent of Google, rose 2.4% on Wednesday, to give the firm a market capitalization of $3.89 trillion. Meanwhile, Apple, the parent of the iPhone (so to speak), retreated 0.8%, and ended the […]
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Euro zone inflation hits 2% in December, in line with forecasts
Downtown Amsterdam Jacobh | E+ | Getty Images Euro zone inflation stood at 2% in December, flash data from Eurostat showed on Wednesday. Economists polled by Reuters had expected the inflation rate to cool to 2%, in line with the European Central Bank’s (ECB) target. In November, the inflation rate stood at 2.1%. Core inflation, […]
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European defense stocks rise as Denmark moves to rearm Greenland
This aerial view shows icebergs floating in the waters beaten down by the sun with buildings in the background off Nuuk, Greenland, on March 11, 2025, on the day of Greenland, the autonomous Danish territory, legislative elections. Odd Andersen | Afp | Getty Images LONDON — European stocks were in mixed territory on Wednesday morning, […]
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CNBC Daily Open: Greenland could be next on Trump’s list
A Royal Danish Navy ship is seen patrolling the island of Greenland on March 16, 2025 in Nuuk, Greenland. Ahmet Gurhan Kartal | Anadolu | Getty Images It’s not even been a week since the U.S. attack on Venezuela, and murmurs of another potential military operation are already coming out of the White House. On […]
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CNBC Daily Open: After Venezuela, rumblings of Greenland takeover from the White House
Painted houses and residential apartment blocks overlooking the fjord in Nuuk, Greenland, on Monday, Nov. 3, 2025. Juliette Pavy | Bloomberg | Getty Images It’s not even been a week since the U.S. attack on Venezuela, and murmurs of another potential military operation are already coming out of the White House. On Tuesday stateside, Press […]
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CNBC Daily Open: Investors had much to cheer in 2025 — but 2026’s starting out rocky
A trader wears “2026” glasses on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Dec. 31, 2025. Michael Nagle | Bloomberg | Getty Images May this year prove as lucrative as 2025, when the S&P 500 rallied 16.39% mostly on the back of enthusiasm over artificial intelligence. Other […]
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