European Stocks Steady as AI Spending Worries Offset DAX Rally [Yahoo! Finance]
SIEMENS AG SPONS ADR (SIEGY)
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Source: Yahoo! Finance
Most Read from Bloomberg Trump Targets $128 Billion California High-Speed Rail Project Trump Asserts Power Over NYC, Proclaims ‘Long Live the King' Trump to Halt NY Congestion Pricing by Terminating Approval Airbnb Billionaire Offers Pre-Fab Homes for LA Fire Victims NYC's Congestion Pricing Pulls In $48.6 Million in First Month The Stoxx Europe 600 Index was little changed at the close in London. An index of German mid-cap shares gained 1.5%, trimming a gain of as much as 2.8%, as investors were optimistic about the ability of the new government led by Friedrich Mertz and CDU/CSU to push through much-needed economic reforms. The large-cap DAX Index gained 0.6%. Electrification stocks, including Siemens Energy AG, ABB Ltd and Schneider Electric SE, fell as concerns grew around data-center spending after Microsoft canceled leases for a substantial amount of data-center capacity in the US. The focus will remain on Germany's policy decisions as the country grapples with
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- Siemens (OTCMKTS:SIEGY) is now covered by analysts at Evercore ISI. They set an "outperform" rating on the stock.MarketBeat
- Siemens Mobility and Railpool plan locomotive service hub in Verona [Yahoo! Finance]Yahoo! Finance