Spain stocks higher at close of trade; IBEX 35 up 1.57%

Investing.com – Italy stocks were higher after the close on Monday, as gains in the Technology, Industrials and Financials sectors led shares higher.

At the close in Milan, the Investing.com Italy 40 added 1.62%.

The best performers of the session on the Investing.com Italy 40 were STMicroelectronics (BIT:STMMI), which rose 4.61% or 1.14 points to trade at 25.97 at the close. Meanwhile, Leonardo SpA (BIT:LDOF) added 4.32% or 2.08 points to end at 50.18 and Amplifon (BIT:AMPF) was up 3.98% or 0.58 points to 15.15 in late trade.

The worst performers of the session were Recordati (BIT:RECI), which fell 0.86% or 0.45 points to trade at 51.65 at the close. Ferrari NV (BIT:RACE) declined 0.15% or 0.50 points to end at 340.00 and Inwit (BIT:INWT) was down 0.15% or 0.02 points to 9.77.

Rising stocks outnumbered declining ones on the Milan Stock Exchange by 489 to 163 and 47 ended unchanged.

Crude oil for December delivery was down 0.98% or 0.56 to $56.59 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 1.17% or 0.72 to hit $60.57 a barrel, while the December Gold Futures contract rose 3.61% or 151.99 to trade at $4,365.29 a troy ounce.

EUR/USD was unchanged 0.04% to 1.17, while EUR/GBP unchanged 0.08% to 0.87.

The US Dollar Index Futures was up 0.07% at 98.26.

Investing.com – Germany stocks were higher after the close on Monday, as gains in the Technology, Software and Industrials sectors led shares higher.

At the close in Frankfurt, the DAX added 1.93%, while the MDAX index gained 2.25%, and the TecDAX index added 2.78%.

The best performers of the session on the DAX were Rheinmetall AG (ETR:RHMG), which rose 5.90% or 98.00 points to trade at 1,759.50 at the close. Meanwhile, Infineon Technologies AG NA O.N. (ETR:IFXGn) added 5.05% or 1.64 points to end at 34.10 and SAP SE (ETR:SAPG) was up 3.31% or 7.65 points to 238.60 in late trade.

The worst performers of the session were Scout24 AG (ETR:G24n), which fell 0.59% or 0.60 points to trade at 100.50 at the close. Vonovia SE (ETR:VNAn) declined 0.25% or 0.07 points to end at 27.54 and Symrise AG Inh. O.N. (ETR:SY1G) was up 0.05% or 0.04 points to 79.80.

The top performers on the MDAX were United Internet AG NA (ETR:UTDI) which rose 8.48% to 29.18, Hensoldt Ag (ETR:HAGG) which was up 7.87% to settle at 98.00 and Thyssenkrupp AG O.N. (ETR:TKAG) which gained 7.30% to close at 9.72.

The worst performers were Fraport AG (ETR:FRAG) which was down 1.94% to 76.00 in late trade, Nordex SE O.N. (ETR:NDXG) which lost 0.52% to settle at 23.02 and Deutsche Wohnen AG (ETR:DWNG) which was down 0.22% to 22.70 at the close.

The top performers on the TecDAX were 11 AG (ETR:1U1) which rose 12.11% to 22.40, Siltronic AG (ETR:WAFGn) which was up 9.16% to settle at 59.00 and United Internet AG NA (ETR:UTDI) which gained 8.48% to close at 29.18.

The worst performers were PNE Wind AG (ETR:PNEGn) which was down 0.73% to 10.88 in late trade, Nordex SE O.N. (ETR:NDXG) which lost 0.52% to settle at 23.02 and SMA Solar Technology AG (ETR:S92G) which was down 0.35% to 22.92 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 455 to 163 and 34 ended unchanged.

Shares in United Internet AG NA (ETR:UTDI) rose to 3-years highs; rising 8.48% or 2.28 to 29.18. Shares in 11 AG (ETR:1U1) rose to 3-years highs; gaining 12.11% or 2.42 to 22.40. Shares in United Internet AG NA (ETR:UTDI) rose to 3-years highs; rising 8.48% or 2.28 to 29.18.

The DAX volatility index, which measures the implied volatility of DAX options, was up 7.18% to 19.92 a new 1-month high.

Gold Futures for December delivery was up 3.63% or 153.11 to $4,366.41 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.96% or 0.55 to hit $56.60 a barrel, while the December Brent oil contract fell 1.16% or 0.71 to trade at $60.58 a barrel.

EUR/USD was unchanged 0.05% to 1.17, while EUR/GBP unchanged 0.07% to 0.87.

The US Dollar Index Futures was up 0.06% at 98.25.

Investing.com – Belgium stocks were higher after the close on Monday, as gains in the Healthcare, Basic Materials and Technology sectors led shares higher.

At the close in Brussels, the BEL 20 rose 1.35% to hit a new all time high.

The best performers of the session on the BEL 20 were Umicore SA (EBR:UMI), which rose 3.85% or 0.65 points to trade at 17.55 at the close. Meanwhile, Azelis Corporate Services NV (EBR:AZE) added 3.60% or 0.39 points to end at 11.22 and Argen-X (EBR:ARGX) was up 2.56% or 18.20 points to 730.00 in late trade.

The worst performers of the session were Ageas (EBR:AGES), which rose 0.18% or 0.10 points to trade at 57.25 at the close. Elia (EBR:ELI) added 0.19% or 0.20 points to end at 106.30 and Anheuser Busch Inbev SA NV (EBR:ABI) was up 0.22% or 0.12 points to 53.48.

Rising stocks outnumbered declining ones on the Brussels Stock Exchange by 63 to 35 and 13 ended unchanged.

Shares in Argen-X (EBR:ARGX) rose to all time highs; up 2.56% or 18.20 to 730.00.

Gold Futures for December delivery was up 3.49% or 146.90 to $4,360.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.03% or 0.59 to hit $56.56 a barrel, while the December Brent oil contract fell 1.21% or 0.74 to trade at $60.55 a barrel.

EUR/USD was unchanged 0.03% to 1.17, while EUR/GBP unchanged 0.08% to 0.87.

The US Dollar Index Futures was up 0.08% at 98.28.

Investing.com - European stocks rose Monday, starting the new week on a positive note, boosted by gains in Asia and ahead of the release of a barrage of corporate earnings.

The DAX index in Germany surged 1.9%, the CAC 40 in France gained 0.4% and the FTSE 100 in the U.K. rose 0.5%. 

The major European indices closed sharply lower on Friday as concerns over the U.S. banking sector hit sentiment. However, shares of U.S. regional banks rebounded on Friday, helping investors shrug off credit concerns.

Nikkei surges on political news 

European stocks have received a boost Monday from sharp gains in Japan overnight, with the benchmark Nikkei 225 surging over 3% to a record high of over 49,000 points. 

Local media reports said that Japan’s ruling Liberal Democratic Party had secured enough backing from its allies to form a coalition government with Sanae Takaichi as prime minister. 

Takaichi is viewed as a fiscal dove, and is broadly expected to increase government spending and oppose more interest rate hikes by the Bank of Japan. 

A parliamentary vote on Takaichi’s premiership is expected to take place on Tuesday, with the LDP leader set to become Japan’s first female prime minister. 

China’s economy grew in Q3 

Staying in Asia, China’s economy grew slightly more than expected in the third quarter of 2025, but at its slowest pace in a year amid persistent headwinds from rampant disinflation and U.S. trade tensions. 

Gross domestic product grew 4.8% year-on-year in the three months to Sept. 30, government data showed on Monday. The print was slightly above expectations of 4.7% but slowed from the 5.2% rise seen in the prior quarter.

Year-on-year GDP growth was also at its slowest since the third quarter of 2024. 

Back in Europe, German producer prices fell 0.1% on the month in September, an annual drop of 1.7%, suggesting that underlying price pressures remain extremely limited in the eurozone’s largest economy.

Luxury sector in focus

In corporate news, Kering (EPA:PRTP) will be in the spotlight Monday after the luxury giant announced over the weekend that it will sell its beauty business to L’Oreal (EPA:OREP) for €4 billion ($4.66 billion), as it seeks to trim debt and return focus to its core fashion business under new CEO Luca de Meo. 

It’s a relatively quiet start to the week for corporate earnings in Europe, but there are more numbers to digest as it progresses, with L’Oreal reporting Tuesday and SAP (ETR:SAPG), Barclays (LON:BARC) and Heineken (AS:HEIN) among the companies reporting on Wednesday. 

Thursday sees the likes of Kering , Roche (SIX:ROG), Unilever (LON:ULVR) and Lloyds Banking Group (LON:LLOY) reporting earnings.

On Wall Street, companies reporting earnings this week include Tesla (NASDAQ:TSLA), Ford (NYSE:F), General Motors (NYSE:GM), Netflix (NASDAQ:NFLX), Procter & Gamble (NYSE:PG) and Coca-Cola (NYSE:KO), along with aerospace and defence giant RTX (NYSE:RTX) and tech stalwarts IBM (NYSE:IBM) and Intel (NASDAQ:INTC).

Crude dips on Ukraine peace talks

Oil prices fell Monday, adding to recent losses as escalating U.S.-China trade tensions added to persistent concerns over sluggish demand and a looming supply glut. 

Brent futures dropped 1.3% to $60.50 a barrel, and U.S. West Texas Intermediate crude futures fell 1.2% to $56.48 a barrel.

Both benchmarks declined more than 2% last week, marking their third consecutive weekly decline, partly due to the International Energy Agency’s outlook for a growing supply glut in 2026.

Investing.com -- Moody’s Ratings has downgraded Aston Martin Lagonda Global Holdings plc’s corporate family rating to Caa1 from B3, while maintaining a stable outlook.

The rating action follows Aston Martin’s October 6 trading update that included a downward revision of its 2025 guidance. The luxury automaker now expects wholesale volumes to decline by mid- to high-single-digits percentage year-on-year, abandoning its previous forecast of modest growth.

"The downgrade reflects our view that the company will require further liquidity injections over the next year to offset continued cash burn as a result of the weaker than expected performance," said Timo Fittig, Assistant Vice President-Analyst at Moody’s Ratings.

Moody’s forecasts Aston Martin will burn more than £400 million of cash in 2025, following cash consumption exceeding £300 million in the first half of the year. The rating agency also anticipates negative free cash flow in 2026, though improved compared to 2025 due to new model launches including the Valhalla Special.

The higher-than-anticipated cash burn suggests Aston Martin will likely need to raise additional liquidity in early 2026, either through new debt or equity issuance. The company has already taken steps to improve its liquidity, including selling its stake in AMR GP.

Aston Martin has reduced its 2025 capital expenditure guidance from £400 million to £375 million and expects a 10% decline in SG&A costs through ongoing cost reduction programs. The company is also revisiting its five-year capital spending plan.

Moody’s had upgraded Aston Martin to B3 in March 2024 following a successful refinancing, based on expectations of significant revenue growth toward £2 billion in 2025. While the rating agency still views positive free cash flow as achievable, it now expects Aston Martin will need until at least 2027 to reach that milestone.

The stable outlook reflects Moody’s expectation that Aston Martin will gradually reduce its cash burn over the next quarters and potentially offset it by raising additional liquidity. The outlook assumes the company will return to revenue growth in 2026, supported by Valhalla deliveries.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Investing.com -- GSI Technology (NASDAQ:GSIT) stock surged 200% on Monday after Cornell University researchers published a study confirming the company’s Associative Processing Unit (APU) can match GPU-level performance while using 98% less energy.

The Cornell-led research team found that GSI’s Gemini-I APU delivered comparable throughput to NVIDIA’s A6000 GPU on retrieval-augmented generation (RAG) workloads. The study, published on ACM and presented at the Micro ’25 conference, represents one of the first comprehensive evaluations of a commercial compute-in-memory device under realistic workloads.

Researchers benchmarked the GSI Gemini-I APU against established CPUs and GPUs, focusing on RAG tasks over datasets ranging from 10GB to 200GB. The findings showed the APU can perform retrieval tasks several times faster than standard CPUs, shortening total processing time by up to 80%.

"Cornell’s independent validation confirms what we’ve long believed—compute-in-memory has the potential to disrupt the $100 billion AI inference market," said Lee-Lean Shu, Chairman and CEO of GSI Technology.

The company noted that its recently released second-generation APU silicon, Gemini-II, can deliver approximately 10x faster throughput and lower latency for memory-intensive AI workloads while further improving energy efficiency.

GSI Technology specializes in compute-in-memory technology, which it describes as a paradigm shift in artificial intelligence and high-performance computing processing.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.