Marco Bianchi 
Goldman Sachs has downgraded Banco Sabadell, adding it to its sell list. The stock was among the most penalized values in the Ibex on the day of the downgrade.
Investment bank Jefferies upgraded BBVA to its high conviction list and increased price target to €27, citing Mexico exposure as a positive factor
Expeditions, a defense-tech venture capital firm backed by BAE Systems and the NATO Innovation Fund, has raised a €197 million fund to support the development of sovereign military technologies across Europe.
Greek shipping companies Dynacom Tankers, Stealth Maritime, and Onassis Group have generated nearly $4 billion in revenues over three years by transporting Russian oil under the G7 price cap mechanism, which allows certain shipments of Russian crude to continue under price restrictions.
Endesa, a Spanish electricity utility company, is offering dividend payment to shareholders. The company is regarded as a reliable dividend payer with expected payments for future years. The stock is trading higher and investment firms maintain a positive outlook on the stock. Shareholders must hold shares at close of business on this date to receive the dividend payment scheduled for July 10th.
Cirsa, a Spanish gaming company, marks its first anniversary on the stock exchange with a 15% year-to-date decline. Despite the stock performance, all analysts covering the company rate it as attractive, highlighting strong business prospects and significant upside potential of 59%.
RBC Brewin Dolphin’s Janet Mui characterized the recent pullback in semiconductor stocks as healthy consolidation rather than market reversal, citing strong fundamental demand outstripping supply.
Invesco expressed optimism regarding the Spanish stock market and Spanish banks, citing solid financial fundamentals and favorable macroeconomic conditions including electrification trends. The asset manager recommends diversification into emerging markets, gold, real estate, and private credit, with expectations that the US dollar will weaken.
Italian shipbuilder Fincantieri SpA has agreed to purchase majority stakes in four underwater technology companies as part of its strategic expansion in Europe’s growing military subsea technology market.
Financial market commentary analyzing volatility in international stock markets. The article provides detailed analysis of 11 major companies across various sectors including technology, insurance, mining, construction, semiconductors, and telecommunications. Key themes include AI infrastructure investment enthusiasm, some correction in mega-cap tech stocks, and concerns about sustainable valuations in certain sectors.