Stock market, Europe opens weak on AI fears. Stellantis collapses in Milan | EUROtoday

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(Il Sole 24 re Radiocor) European inventory markets weak firstly, whereas the quarterly reporting season continues at full velocity. The European indices, nonetheless, are recording restricted declines, holding up higher than Wall Street which as an alternative suffered a pointy decline yesterday too, nonetheless affected by fears over the valuations of securities linked to AI. Initially, Frankfurt misplaced 0.2%, Paris 0.37% and Amsterdam 0.3%. Milan is doing worse (-0.63%), weighed down by Stellantis, which collapses by virtually 15%, after the announcement of expenses of twenty-two.2 billion and anticipated money outflows of 6.5 billion within the subsequent 4 years. The dividend was additionally suspended.

Overseas, all eyes are on Amazon, which comes near dropping 10% within the after hours, after the announcement of huge investments in AI

On the uncooked supplies entrance, oil is working with Brent at 68.3 {dollars} a barrel (+1.2%) and WTI at 64 {dollars} (+1.5%). Among treasured metals, spot gold trades at 4,860 {dollars} an oz (+1.7%), whereas spot silver tries to stabilize after the earlier debacle at 72.9 {dollars} an oz (+2.9%). Bitcoin stays weak under 65 thousand {dollars}, after an intraday low close to 60 thousand, on the lowest ranges since 2024. For the forex, euro/greenback at 1.1797 (from 1.179 yesterday at closing), with euro/yen at 184.8 (from 185.1) and greenback/yen at 156.7 (from 156.54).

Asian inventory markets stay heavy after yet one more unfavourable session on Wall Street, with buyers’ threat aversion rising and the flight from expertise shares, treasured metals and Bitcoin persevering with, in what represents a U-turn in comparison with the market tendencies of 2025.

Seoul is sinking (-2.5%), an emblem worth checklist for semiconductors, with buyers fearful that the massive investments in synthetic intelligence won’t bear fruit, as witnessed yesterday by the collapse of Amazon (-11%) after the announcement of 200 billion euros in bills this 12 months. Sydney (-2%) and Hong Kong (-1.1%) additionally carried out poorly, with Chinese inventory markets contrasting (Shenzhen +0.2% and Shanghai -0.1%).