Report by Renta 4 European markets opened flat, but US futures were down (S&P 0.5%, Nasdaq 1%) and declines in Asia, with Japan’s Nikkei down 1% and South Korea’s Kospi down 5% (although it had fallen as much as 7% during the session, weighed down by Samsung and SK Hynix, which account for 54% of the index) amid profit-taking in the AI ‘trade’. Added to this is the news that…
Reported by Jaime Sicilia Martínez The main European indices rose following the conditional ceasefire agreement between Israel and Lebanon, which the market sees as a first step towards peace between the United States and Iran. The IBEX 35 closed up 0.6% and the Euro Stoxx 50 rose by 0.8%. Broadcom, the world’s sixth-largest company by market capitalisation, issued worse-than-expected forecasts for its AI chip revenue, and Crowdstrike Holdings also fel…
Beyond the focus on developments in the Middle East conflict, investors will be turning their attention this Thursday to the launch of SpaceX’s roadshow. Elon Musk’s company aims to raise around $75 billion in what will be the largest initial public offering in history. Report by Renta 4 European markets open lower (Eurostoxx futures down 0.4%, S&P futures down 0.4%, Nasdaq futures down 0.5%) after Wall Street yesterday broke its…
Reported by Álvaro Romero Mateu European stock markets closed with moderate declines, influenced by the rise in oil prices and caution over the lack of progress in negotiations between the US and Iran. The IBEX 35 fell by 0.5%, the EuroStoxx 50 dropped by 0.9% and the STOXX 600 fell by 0.6%. In Asia, the session was mixed. In Japan, the TOPIX rose by 1.8% and China’s CSI 300 advanced…
Reported by Consejeros Editorial Team The company has announced that it will raise $80 billion, which it will use to fund its ambitious spending plans in artificial intelligence, ranging from the development of advanced models to the construction of the necessary infrastructure. The $80 billion, representing 1.7% of the company’s total market capitalisation, will be broken down as follows: $15 billion in a share issue; $15 billion in a 3-year…
Analysed by Patrivalor The stock market valuation of the Spanish companies analysed stood at €1,172,016.71 million at the end of May 2026, representing an increase of 5.48% compared to the end of 2025. The weighted average target price is €11.11, down by 8.8% compared to the previous year, whilst the weighted average market price is €10.78 (down by 10.7% compared to the previous year). Therefore, the weighted average discount between…
Report by Renta 4 The Spanish Competition and Markets Authority (CNMC) has published its proposal for the upcoming regulatory period 2027–2031, DORA III. This proposal forecasts an average growth in air traffic of 2.2% (compared to 1.3% forecast by Aena and 3.6% forecast by the airlines), which would result in traffic of 366.7 million passengers by 2031, in line with our forecast. Furthermore, the regulator proposes a lower growth in…
EBITDA grew by 7.3% to €2.568 billion, whilst EBIT increased by 7% to €1.756 billion and pre-tax profit also rose, specifically by 5.5%. Reported by Consejeros Editorial Team Inditex presented its first-quarter results on Wednesday, closing the period with a net profit of €1.375 billion, representing a 5.4% increase compared to the same period last year. The company has also announced that it will propose to the Annual General Meeting…
Reported by Consejeros Editorial Team According to provisional data released this week by Inverco, the Spanish investment fund association, these funds increased their assets by €7.864 billion in May, reaching a total of €473.383 billion. Meanwhile,the average return recorded by the funds in the fifth month of the year was 1.5%, which contrasts with a monthly return of 3.3% for the Ibex 35. According to the Inverco report, assets in…
Soitec (up 758%), Samsung up (150%), STMicroelectronics (up 167%)… European technology has nothing to envy its global competitors. By Enguerrand Artaz The AI revolution continues to stimulate markets and sustain economic growth. However, investors have gradually been shifting their focus to gain exposure to this phenomenon. Thus, they have moved away from the tech giants that have been so popular for years—the famous Magnificent Seven—to invest in their suppliers, particularly…