ASML, a chip-making equipment manufacturer, has regained its status as Europe's third-largest listed company, surpassing Nestle. This shift in ranking comes after ASML's shares experienced a significant boost following an upgrade from Bernstein analysts. Concurrently, European tech stocks have seen a rally, led by ASML's strong quarterly orders and SAP's financial results that exceeded estimates. The positive earnings reports from these tech giants have improved investor sentiment, which had been tentative at the outset of 2024. Additionally, the European market has been uplifted by fresh stimulus measures from China.
Tech stocks lead the rally in Europe as ASML’s strong quarterly orders and SAP’s estimate-beating results lifted investors’ sentiment after shaky start to 2024 https://t.co/8OGt5GJ2ri
Tech stocks lead the rally in Europe as ASML’s strong quarterly orders and SAP’s estimate-beating results lifted investors’ sentiment after shaky start to 2024 https://t.co/IT96qmE0PG
Tech stocks lead the rally in Europe as ASML’s strong quarterly orders and SAP’s estimate-beating results lifted investors’ sentiment after shaky start to 2024 https://t.co/Nf8A2PpfpN
⚠️ EUROPEAN SHARES OPEN HIGHER ON UPBEAT TECH EARNINGS (Reuters) European shares opened sharply higher on Wednesday, boosted by technology stocks after software firm SAP and chip-making equipment maker ASML Holding posted strong earnings, while fresh stimulus from China's… https://t.co/idCmc3eFNW
ASML reclaims the position of Europe’s third-biggest listed company from Nestle after its shares were boosted by an upgrade from Bernstein analysts https://t.co/mvv5FDgTxs