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Global Markets: European stocks rise as STMicroelectronics' forecasts lift tech stocks
European shares climbed Tuesday, led by technology stocks boosted by strong forecasts from STMicroelectronics amid AI demand. Investors await key inflation data for insights into the Mideast conflict's economic impact. A partial ceasefire in Lebanon and easing crude prices also supported market sentiment.
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channelnewsasia.com
STMicro lifts data centre revenue goals on AI demand, shares hit 25-year high
June 2 : STMicroelectronics raised the 2026 and 2027 revenue targets for its data centre business on Tuesday, citing continued strong demand tied to AI infrastructure and progress…
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economictimes.indiatimes.com
Global Markets: European stocks rise as STMicroelectronics' forecasts lift tech stocks
European shares climbed Tuesday, led by technology stocks boosted by strong forecasts from STMicroelectronics amid AI demand. Investors await key inflation data for insights into…
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STMicro lifts data centre revenue goals on AI demand, shares hit 25-year high - The Economic Times
The Franco-Italian chipmaker's shares rose as much as 10% to €65.21 per share, their highest since September 2000. They were up 8.4% as of 0738 GMT, among top gainers on…
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riotimesonline.com
Europe & EU Intelligence Brief — Thursday, June 4, 2026
Europe & EU Intelligence Brief for Thursday: European stocks fell as a global technology pullback reached Europe, led by chipmaker ASML, while a fresh US tariff proposal added…