Italy stocks higher at close of trade; Investing.com Italy 40 up 1.11%

Investing.com – Germany stocks were mixed after the close on Friday, as gains in the Software, Telecoms and Consumer & Cyclical sectors led shares higher while losses in the Construction, Basic Resources and Technology sectors led shares lower.

At the close in Frankfurt, the DAX rose 0.85%, while the MDAX index declined 0.27%, and the TecDAX index climbed 1.03%.

The best performers of the session on the DAX were Adidas AG (ETR:ADSGN), which rose 3.94% or 5.65 points to trade at 149.15 at the close. Meanwhile, SAP SE (ETR:SAPG) added 3.61% or 5.94 points to end at 170.56 and Brenntag AG (ETR:BNRGn) was up 2.68% or 1.34 points to 51.40 in late trade.

The worst performers of the session were Vonovia SE (ETR:VNAn), which fell 0.89% or 0.22 points to trade at 24.61 at the close. Volkswagen AG VZO O.N. (ETR:VOWG_p) declined 0.87% or 0.90 points to end at 102.65 and Rheinmetall AG (ETR:RHMG) was down 0.78% or 14.00 points to 1,781.50.

The top performers on the MDAX were Redcare Pharmacy NV (ETR:RDC) which rose 4.69% to 62.55, TeamViewer AG (ETR:TMV) which was up 3.00% to settle at 5.66 and TKMS GmbH (ETR:TKMS) which gained 2.38% to close at 98.85.

The worst performers were Delivery Hero AG (ETR:DHER) which was down 4.45% to 23.60 in late trade, Krones AG O.N. (ETR:KRNG) which lost 2.86% to settle at 135.80 and Aumovio Se (ETR:AMV0n) which was down 2.77% to 40.72 at the close.

The top performers on the TecDAX were Jenoptik AG (ETR:JENGn) which rose 11.92% to 26.66, SUSS MicroTec SE (ETR:SMHNn) which was up 7.05% to settle at 49.78 and Elmos Semiconductor AG (ETR:ELGG) which gained 6.07% to close at 115.40.

The worst performers were Sartorius AG VZO O.N. (ETR:SATG_p) which was down 2.20% to 235.80 in late trade, United Internet AG NA (ETR:UTDI) which lost 1.43% to settle at 27.50 and Eckert & Ziegler AG O.N. (ETR:EUZG) which was down 1.19% to 14.97 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 345 to 280 and 33 ended unchanged.

Shares in Jenoptik AG (ETR:JENGn) rose to 52-week highs; rising 11.92% or 2.84 to 26.66. Shares in Elmos Semiconductor AG (ETR:ELGG) rose to all time highs; gaining 6.07% or 6.60 to 115.40.

The DAX volatility index, which measures the implied volatility of DAX options, was up 5.83% to 17.75.

Gold Futures for April delivery was down 6.99% or 374.46 to $4,980.34 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.40% or 0.26 to hit $65.68 a barrel, while the April Brent oil contract rose 0.32% or 0.22 to trade at $69.81 a barrel.

EUR/USD was down 0.70% to 1.19, while EUR/GBP unchanged 0.09% to 0.87.

The US Dollar Index Futures was up 0.60% at 96.71.

Investing.com – France stocks were higher after the close on Friday, as gains in the Technology, Healthcare and Financials sectors led shares higher.

At the close in Paris, the CAC 40 rose 0.68%, while the SBF 120 index added 0.63%.

The best performers of the session on the CAC 40 were Eurofins Scientific SE (EPA:EUFI), which rose 2.93% or 1.94 points to trade at 68.14 at the close. Meanwhile, Societe Generale SA (EPA:SOGN) added 2.79% or 2.00 points to end at 73.80 and Sanofi SA (EPA:SASY) was up 2.75% or 2.12 points to 79.20 in late trade.

The worst performers of the session were Legrand SA (EPA:LEGD), which fell 0.66% or 0.90 points to trade at 135.00 at the close. Carrefour SA (EPA:CARR) declined 0.50% or 0.07 points to end at 13.84 and Euronext (EPA:ENX) was down 0.42% or 0.50 points to 117.90.

The top performers on the SBF 120 were Alten SA (EPA:LTEN) which rose 16.75% to 82.60, SEB SA (EPA:SEBF) which was up 5.59% to settle at 47.64 and Sopra Steria Group SA (EPA:SOPR) which gained 5.18% to close at 154.20.

The worst performers were Ubisoft Entertainment (EPA:UBIP) which was down 7.14% to 4.37 in late trade, Nexity (EPA:NEXI) which lost 4.60% to settle at 9.55 and Eramet SA (EPA:ERMT) which was down 3.15% to 73.80 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 247 to 235 and 87 ended unchanged.

Shares in Societe Generale SA (EPA:SOGN) rose to 5-year highs; gaining 2.79% or 2.00 to 73.80.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was unchanged 0.00% to 18.96 a new 52-week high.

Gold Futures for April delivery was down 6.68% or 357.51 to $4,997.29 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.40% or 0.26 to hit $65.68 a barrel, while the April Brent oil contract rose 0.32% or 0.22 to trade at $69.81 a barrel.

EUR/USD was down 0.71% to 1.19, while EUR/GBP unchanged 0.12% to 0.87.

The US Dollar Index Futures was up 0.60% at 96.71.

Investing.com -- GameStop Corp (NYSE:GME) CEO Ryan Cohen is charting a path to transform the video game retailer into a diversified $100 billion juggernaut through a major acquisition. According to reporting from The Wall Street Journal, the billionaire intends to pivot toward the consumer or retail sectors to facilitate this massive expansion.

The "Big Short" investor Michael Burry has emerged as a vocal supporter of this strategic shift toward a Berkshire Hathaway-style holding company model. Investors seem to agree with Burry, as the stock has risen roughly 4.5% in Friday trade following the report.

Cohen acknowledged the high stakes of the move, telling the Journal that "It’s ultimately either going to be genius or totally, totally foolish." To unlock a personal payday valued at $35 billion, he must drive the company’s market capitalization from its current level to the century-mark milestone.

This ambitious compensation structure follows a trend of moonshot executive deals, mirroring high-reward frameworks recently approved at Tesla for CEO Elon Musk. Burry noted in a recent newsletter that Cohen is effectively managing a declining core business while waiting for a "cash cow" opportunity.

Cohen "has a crappy business, and he is milking it best he can while taking advantage of the meme stock phenomenon to raise cash," Burry wrote. With roughly $9 billion in cash, GameStop possesses the necessary fire-power to pursue targets with stagnant management teams.

The CEO remains dismissive of the "meme stock" label, asserting that his focus remains entirely on long-term fundamental value. "He’s one of the few investors I respect," Cohen told the Journal regarding Burry’s public support and track record of prescient calls.

Investing.com -- Jennifer Garner’s organic kids’ food company Once Upon A Farm PBC is seeing strong investor interest for its initial public offering of up to $209 million ahead of pricing next week, according to Bloomberg News, citing people familiar with the offering.

The IPO has attracted significant demand during one-on-one meetings between the company’s management and institutional investors, these people said.

Once Upon A Farm, co-founded by actress Jennifer Garner, plans to list its shares on the New York Stock Exchange under the ticker NYSE:OFRM.

Goldman Sachs Group Inc., JPMorgan Chase & Co., Bank of America Corp. and William Blair are managing the offering.

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

Investing.com – Denmark stocks were higher after the close on Friday, as gains in the Personal & Household Goods, Consumer Goods and Oil & Gas sectors led shares higher.

At the close in Copenhagen, the OMX Copenhagen 20 gained 0.18%.

The best performers of the session on the OMX Copenhagen 20 were Pandora A/S (CSE:PNDORA), which rose 4.95% or 24.00 points to trade at 509.00 at the close. Meanwhile, Vestas Wind Systems A/S (CSE:VWS) added 2.00% or 3.80 points to end at 191.70 and Zealand Pharma A/S (CSE:ZELA) was up 1.99% or 8.20 points to 420.10 in late trade.

The worst performers of the session were FLSmidth & Co. (CSE:FLS), which fell 2.52% or 14.00 points to trade at 541.50 at the close. Genmab (CSE:GMAB) declined 2.18% or 45.00 points to end at 2,022.00 and Coloplast A/S (CSE:COLOb) was down 1.00% or 5.40 points to 536.00.

Rising stocks outnumbered declining ones on the Copenhagen Stock Exchange by 77 to 48 and 14 ended unchanged.

Crude oil for March delivery was up 0.90% or 0.59 to $66.01 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 0.78% or 0.54 to hit $70.13 a barrel, while the April Gold Futures contract fell 6.16% or 329.79 to trade at $5,025.01 a troy ounce.

USD/DKK was up 0.78% to 6.29, while EUR/DKK unchanged 0.02% to 7.47.

The US Dollar Index Futures was up 0.63% at 96.75.