European Stocks

• European AI stocks are experiencing a rally, showing resilience despite broader market pressure caused by the ongoing conflict involving Iran. • A specific basket of stocks linked to AI infrastructure development has seen a significant increase of approximately 22%. • This trend highlights a decoupling of high-growth technology sectors from geopolitical instability affecting the wider European markets.

• European stocks experienced volatility on Thursday, eventually reversing initial losses to finish the trading session higher. • The market shift followed an order from Iran's Supreme Leader to keep near-weapons-grade uranium within the country. • Simultaneously, flash PMI data for May indicated a slump in economic activity across both France and the United Kingdom.

• Several European stocks have experienced a blockbuster rally, with some gaining over 100% this year driven by the global AI investment frenzy. • Companies like Nokia are positioned to support AI infrastructure, though they face a more restrictive regulatory environment than their U.S. counterparts. • The expansion of AI in Europe is currently hindered by power grid constraints, data center moratoriums, and strict compliance requirements under the EU AI Act.

• European shares moved higher on Wednesday afternoon, with London’s FTSE 100 up 11 points to 10,335, Paris’s CAC 40 up 23 points to 8,011 and Frankfurt’s DAX up 200 points to 24,508 by 2:50pm. • The rally came after investors welcomed news that the United States had paused an attack on Iran following Tehran’s latest peace proposal, easing some geopolitical pressure. • Dublin’s ISEQ index was a mild laggard, slipping 6 points to 12,598, even as individual Irish names such as Origin Enterprises and FBD Holdings posted gains.