Europe

The U.S. dollar extended its rally to a 14-month high and Treasury yields continued their relentless rise on Wednesday as speculation grew that President-elect Donald Trump is considering invoking sweeping emergency powers to implement new tariffs, fueling fears of inflation and policy uncertainty...

Elon Musk is making waves in the political landscape of Europe following his involvement in the election victory of U.S. President-elect Donald Trump. What Happened: Musk has turned his political attention toward Europe. He voiced his support for Reform UK, a British populist party led by Nigel...

Investors on Wall Street are bleeding red, white and blue, pouring money into American equities already trading higher than their European counterparts. The Data: A post on X from Mike Zaccardi relayed data from the Bank of America fund manager survey. BofA FMS: 4th biggest overweight of US...

Ford Motor Co (NYSE:F) is reportedly slowing production of the electric Capri and Explorer at the company’s Cologne factory in Germany owing to slowing EV demand. What Happened: As a result of the production slowdown, Ford employees will work one week and take off in the next until Christmas...

Tesla Inc. (NASDAQ:TSLA) is now offering a year of Supercharging for customers in Europe who take delivery of the Model Y SUV before Dec. 31, among other offers aimed at increasing delivery numbers by the end of the year. What Happened: “1 year of free Supercharging. All you have to do is...

Alex Karp, CEO of Palantir Technologies Inc. (NYSE:PLTR) has cautioned that Europe could face ruin if it does not adopt artificial intelligence (AI) innovation. What Happened: “As America once again forges ahead, our allies and partners in Europe are being left behind,” Karp stated in a...

As the European Union prepares to fully implement the Markets in Crypto-Assets (MiCA) regulation by December 2024, the European crypto market is on the verge of a major change. Ian Horne, head of content at Money20/20's Amsterdam show, recently discussed how this new framework will impact exchanges...

The European Nuclear Alliance has called upon the European Commission to consider nuclear energy as "essential contributors" to decarbonization pathways in Europe. "We strongly encourage the upcoming college of Commissioners to deliver a paradigm shift in our energy policy," the alliance said at...

Another billionaire investor is rooting for Republican presidential candidate Donald Trump’s victory in the Nov. 5 election and has accordingly positioned his portfolio. The call comes on the heels of former hedge fund manager Stanley Druckenmiller‘s similar prediction. What’s In...

Robinhood Markets Inc.’s (NASDAQ:HOOD) cryptocurrency division launched crypto transfers for its European customers on Tuesday. This new feature allows users to deposit and withdraw over 20 different cryptocurrencies. What Happened: According to Robinhood, the supported cryptocurrencies...

The European Central Bank will likely kickstart coordinated rate cuts by global central banks, said an economist, as he weighed in on the implications of the move. Rate Cuts Back? ECB’s Governing Council is scheduled to announce its interest rate decision at 8:15 a.m. EDT following a meeting...

Apple, Inc. (NASDAQ:AAPL) shares are trading lower in premarket trading on Tuesday, a day after the company unveiled new iterations of its iPhone, Apple Watch and AirPods. Apple Penalized For Tax Impropriety: The premarket drop comes amid the news that the Court of Justice of the European Union...

EV giant Tesla Inc. (NASDAQ:TSLA) will roll out its full self-driving (FSD) driver assistance software in Europe and China in the first quarter of 2025, pending regulatory approval, the company said on Thursday. What Happened: The team unveiled its roadmap for FSD improvements on social media...

The possibility of Donald Trump‘s return to the White House has triggered a surge in investments in European defense-tech startups, as per industry executives and investors. What Happened: Trump’s unpredictable approach towards NATO and defense budgets has led to a rise in military...

Authorities in Europe and China are expediting screening for a deadly new version of mpox that has spread across regions of Africa and has been found in Europe. The European Center for Disease Prevention and Control on Friday raised its risk assessment for mpox and forecasted more imported cases...