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Trade relations between the U.S. and the EU are also in focus.
Investors seem confident that the investment in AI can finally be properly monetized and translate into higher revenue.
Across the board, Deutsche Bank noted an impact from the relative strength of the euro against the U.S. dollar.
Across the board, Deutsche Bank noted an impact from the relative strength of the euro against the U.S. dollar.
European banks overall are facing the challenge of navigating a lower interest rate environment.
Across the board, Deutsche Bank noted an impact from the relative strength of the euro against the U.S. dollar.
A host of Estonia’s top tech entrepreneurs — including ride-hailing unicorn Bolt’s CEO Markus Villig — are investing in European trading app…
The European Union is the leading producer, consumer and exporter of olive oil.
Join CNBC for live updates on European markets.
Join CNBC for live updates on European markets.
Join CNBC for live updates on European markets.
Overnight in the U.S., the S&P 500 climbed 0.78% to a record close of 6,358.91 — its 12th of the year.
Overnight in the U.S., the S&P 500 climbed 0.78% to a record close of 6,358.91 — its 12th of the year.
Executives said the spend will be on tech infrastructure needed to power cloud services.
This was higher than the 0.5% expected by economists polled by Reuters, and a reversal from the 0.2% contraction seen in the first quarter.
Revenue rose about 35% in the June quarter compared with the same period a year earlier, while operating profit jumped nearly 69%, year on year.
Revenue rose about 35% in the June quarter compared with the same period a year earlier, while operating profit rose 68%, year on year.
The S&P 500 rallied to a new record close on Wednesday afternoon following new developments on the tariff front.
The S&P 500 rallied to a new record close on Wednesday afternoon following new developments on the tariff front.
IBM delivered stronger results than expected and raised its forecast for full-year free cash flow.