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European shares flat as AI caution prevails; focus on defence stocks

European shares remained flat as elevated AI stock valuations prompted caution. Technology stocks led declines, tracking a glum mood in global markets. Defence sector stocks saw marginal gains, with a NATO summit anticipated for new contracts. Sweden's Saab jumped after a brokerage upgrade, while Shell raised its outlook. Investors watched the NATO summit for potential new defence spending announcements.

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Economic TimesLean R·2h ago
European shares flat as AI caution prevails; focus on defence stocks
European shares remained flat as elevated AI stock valuations prompted caution. Technology stocks led declines, tracking a glum mood in global markets. Defence sector stocks saw marginal gains, with a NATO summit anticipated for new contracts. Sweden's Saab jumped after a brokerage upgrade, while Shell raised its outlook. Investors watched the NATO summit for potential new defence spending announcements.
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European shares flat as AI caution prevails; focus on defence stocks

How 1 sources are covering this

European shares flat as AI caution prevails; focus on defence stocks

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