Investors Eye Europe Amid Volatility: Market Snapshot
Investors began the week on an optimistic note with the tech sector helping stocks recover from a global selloff. They were however dealt a mixed hand. News of Anthropic’s blockbuster IPO and Coreweave results helped fuel sentiment but markets also grappled with post midterm capital rotation before being hit by a scandal involving Nvidia’s CEO Jensen Huang.
The Opening Trade spoke to market experts and industry leaders as a volatile week rattled the AI trade but could see Europe benefit from recent market turmoil as investors seek safe harbour.
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