CaixaBank Shares Tumble Despite Record Half-Year Profit Surge
CaixaBank reported record half‑year profit of €3.203 bn, up 8.5%, but its shares dropped nearly 7% on the market, reflecting investor concerns despite the strong earnings.
Marco Bianchi
Nvidia’s 750 Billion Euro Financing Plan Raises Market Distortion Concerns Among European Experts
European markets are warning that Nvidia’s planned 750 billion‑euro financing round, which funds firms like SK Hynix and OpenAI that rely on its chips, could create a circular financing effect and distort demand.
Morgan Stanley Expands Cryptocurrency Offerings with Ether and Solana Exchange-Traded Products
Morgan Stanley added Ether and Solana exchange‑traded products to its crypto offerings, providing investors with exposure to these assets and staking rewards, following its earlier Bitcoin fund launch.
Kraken Launches Tokenized Jersey Mike’s Shares, Expanding Retail Access to IPO Allocations
Kraken, the cryptocurrency exchange, launched a service that lets retail investors buy tokenized shares of the Jersey Mike’s restaurant chain’s initial public offering. The tokenized shares are fully collateralised by the actual stock, and the offering is open to eligible US users as well as customers in over 110 countries worldwide.
JPMorgan Intensifies Short Bet Against Spanish Pharma Firm Rovi
JPMorgan continues to ramp up short positions against Rovi despite the company’s recent rally following its earnings release, indicating a bearish stance on the Spanish pharma firm listed on the IBEX 35.
Spanish Equities Show Resilience as IBEX 35 Defies Global Tech Sector Headwinds
The week began with markets driven by a plunge in oil prices. Attention then shifted to the technology sector, especially the correction affecting the most speculative AI‑related investments. South Korea’s KOSPI fell 10%, while the IBEX 35 managed to withstand these pressures and remain close to its record highs.
ESMA Approves EuroCTP as First European Consolidated Tape Provider for Equities and ETFs
ESMA gave the green light to EuroCTP, a multi‑exchange consortium, to launch the EU’s first consolidated tape for stocks and ETFs. The initiative aims to boost transparency and price discovery across European capital markets by providing a single, free flow of trade data from all participating venues, with the service expected to be live before October.
Spanish AI Computing Firm Multiverse Computing Raises $570 Million at $1.7 Billion Valuation
Multiverse Computing SL, a Spanish AI computing firm, announced a $570 million capital raise that lifts its valuation to $1.7 billion, reflecting strong investor interest in lowering the cost of artificial‑intelligence usage.
Spanish Private Equity Firms Drive Sector Fees to €407 Million
The three leading Spanish private equity firms Altamar, Asterion and ProA have significantly increased the total commissions earned by the sector, reaching €407 million, reflecting strong performance among the top seven private equity firms in Spain.
European Blue-Chip Stocks Surge to Record Highs as Market Sentiment Strengthens
Spanish companies such as Santander, Iberdrola, Repsol, Naturgy, Acerinox and Inditex, together with European firms ASML, ING, UniCredit and AXA, have reached unprecedented share price levels, and experts are confident about their upward trajectory.